Phillips 66 4

Executive Vice President Brian Mandell exercised Phillips 66 stock options and sold a total of 33,300 shares of PSX common stock in cashless exercises on August 10–11, 2026.

On August 10 and 11, 2026, Phillips 66 Executive Vice President Brian Mandell exercised employee stock options for an aggregate 33,300 shares of common stock at an exercise price of $74.70 per share and immediately sold the same number of shares in market transactions, effectively implementing a cashless exercise. On August 10, he acquired 3,300 shares via option exercise at $74.70 and sold 3,300 shares at an average price of $214.02. On August 11, he exercised options for 30,000 shares at $74.70 and sold 30,000 shares at $215.00. Following these transactions, he reported direct ownership of 61,594.9177 shares of Phillips 66 common stock, which includes 22,182 restricted stock units that settle into shares on a one-for-one basis. At the current market price of approximately $225.58 per share, his post-transaction holdings are valued at roughly $13.9 million. The exercises reflect the use of already-vested options that became exercisable in three equal annual installments beginning February 9, 2022, rather than an open-market purchase program.

Filing Facts

CIK

1534701

Ticker

PSX

Form

4

Source Type

sec

Accession

0001641265-26-000010

Alert Tier

6