Form 4: Phillips 66 CEO Mark Lashier Acquires 32,351 Shares of Common Stock
SEC Form 4 Filing
Phillips 66 CEO Mark Lashier reports the acquisition of 32,351 shares of common stock on February 11, 2025.
Summary
- On February 11, 2025, Mark E Lashier, Chairman and CEO of Phillips 66, acquired 32,351 shares of Phillips 66 common stock.
- The shares were acquired at a price of $129.8275 per share.
- Following the transaction, Lashier directly owns 125,735 shares of Phillips 66 common stock, which includes 93,399 Restricted Stock Units (RSUs).
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The CEO's stock purchase suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's overall health.
Positives
- The CEO's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future prospects. This purchase by the CEO could be interpreted as a bullish signal.
Stakeholder Impact
- The CEO's stock purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of transaction: Mark Lashier acquired 32,351 shares of Phillips 66 common stock. |
| 02/13/2025 | Date of report: Form 4 filing date. |
Keywords
Phillips 66, PSX, Mark Lashier, CEO, stock acquisition, Form 4, insider trading, Restricted Stock Units, RSUs
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