Form 4: Phillips 66 Director Tilton Boosts Shareholding

Phillips 66 Director Glenn F. Tilton acquired 1,423 shares of common stock through an annual RSU grant, increasing his total beneficial ownership to 74,437.0903 shares.

Summary

• Glenn F. Tilton, a Director of Phillips 66 (PSX), acquired 1,423 shares of common stock.
• The transaction occurred on January 15, 2026, at a price of $140.56 per share.
• This acquisition was an annual grant of Restricted Stock Units (RSUs) to non-employee directors, which convert to common stock on a 1-for-1 basis.
• Following this transaction, Tilton's total beneficial ownership in Phillips 66 stands at 74,437.0903 shares.
• The total beneficial ownership includes 37,997.0903 RSUs and shares acquired through routine dividend transactions, which are exempt under Rule 16a-11.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even through a routine grant, generally indicates alignment of interests and confidence in the company's future, which is a positive signal for investors.

Positives

• A director increasing their stake in the company, even through a routine grant, can signal confidence in the company's future prospects.
• The RSU grant aligns director incentives with shareholder interests.

Negatives

• No direct negatives are apparent from this Form 4 filing.

Risks

• This Form 4 filing does not contain information regarding company-specific risks.

Future Outlook

This filing does not provide specific forward-looking statements or guidance.

Industry Context

This Form 4 filing, detailing an insider transaction, does not provide information for broader industry trend analysis.

Stakeholder Impact

• Shareholders: May view the director's increased stake positively, as it aligns management's interests with their own.
• Employees, Customers, Suppliers, Creditors: No direct impact is indicated by this specific filing.

Key Dates

Keywords

Phillips 66, PSX, Glenn F. Tilton, Director, Insider Transaction, Form 4, Share Acquisition, Restricted Stock Units, RSU, Common Stock, Beneficial Ownership