Form 4: Phillips 66 CFO Sells Shares
Insider Transaction (Form 4)
Kevin J Mitchell, Exec. VP and CFO of Phillips 66, sold 11,021 shares of common stock on July 9, 2026 for $190.03 per share.
Summary
- Option exercise/conversion: acquired 11,021 Common Stock at $94.97 ($1,046,637) on July 9, 2026; holds 108,397 after (Direct).
- Open-market sale: disposed of 11,021 Common Stock at $190.03 ($2,094,285) on July 9, 2026; holds 97,376 after (Direct).
- Option exercise/conversion: disposed of 11,021 Employee Stock Option (Right to Buy) on July 9, 2026; holds 2,050 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $2,094,285 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Kevin J Mitchell — Officer (Exec. VP and CFO)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-09 | Option exercise/conversion | Common Stock | 11,021 | $95 | $1.0M | 108,397 |
| 2026-07-09 | Open-market sale | Common Stock | 11,021 | $190 | $2.1M | 97,376 |
| 2026-07-09 | Option exercise/conversion | Employee Stock Option (Right to Buy) | 11,021 | — | — | 2,050 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-09 | Option exercise/conversion (11,021 shares) |
| 2026-07-09 | Open-market sale (11,021 shares) |
| 2026-07-09 | Option exercise/conversion (11,021 shares) |
Keywords
insider transaction, Form 4, PSX, Phillips 66, bearish, Kevin J Mitchell
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