Form 4: Phillips 66 EVP Mandell Reports Tax-Related Stock Disposition
Insider Transaction Report
Phillips 66 Executive Vice President Brian Mandell reported a disposition of 299 common shares on December 10, 2025, related to FICA tax withholding.
Summary
- Brian Mandell, Executive Vice President of Phillips 66 (PSX), reported a transaction on December 10, 2025.
- The transaction involved the disposition of 299 shares of Phillips 66 common stock.
- These shares were withheld by the issuer to satisfy FICA tax obligations.
- The price per share for the disposition was $141.3725, calculated as the average of the high and low stock prices on the transaction date.
- Following this transaction, Mandell beneficially owns 56,538.9177 shares of Phillips 66 common stock.
- This total includes 23,427 Restricted Stock Units (RSUs) that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is neither inherently positive nor negative for the company's operational or financial performance.
Future Outlook
NA
Industry Context
NA
Key Dates
| Date | Description |
|---|---|
| 12/10/2025 | Date of transaction (disposition of shares for FICA taxes). |
| 12/11/2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
Phillips 66, PSX, Brian Mandell, Form 4, insider transaction, stock disposition, executive compensation, FICA tax, common stock, restricted stock units
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