Form 4: Phillips 66 Executive Acquires Shares and Reports Changes in Beneficial Ownership

Richard G. Harbison, EVP of Refining at Phillips 66, reports the acquisition of 8,535 shares of common stock and updates to his beneficial ownership.

Summary

• On February 11, 2025, Richard G. Harbison, EVP of Refining at Phillips 66, acquired 8,535 shares of Phillips 66 common stock at a price of $129.8275 per share.
• Following this transaction, Harbison directly owns 32,620 shares of Phillips 66 common stock.
• He also indirectly owns 6,019.632 shares through the Phillips 66 Savings Plan and 40 shares by his son.
• The direct holdings include 21,419 Restricted Stock Units (RSUs) that will settle for shares of Phillips 66 common stock on a 1-for-1 basis.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Phillips 66, PSX, Richard G. Harbison, EVP Refining, Form 4, Beneficial Ownership, Stock Acquisition, Restricted Stock Units, Savings Plan