Form 4: Phillips 66 Executive Sells Shares
Insider Transaction (Form 4)
Richard G Harbison, EVP, Refining of Phillips 66, sold 52,100 shares of common stock on August 12, 2026 for $223.76 per share.
Summary
- Option exercise/conversion: acquired 13,500 Common Stock at $74.70 ($1,008,450) on August 12, 2026; holds 52,594 after (Direct).
- Option exercise/conversion: acquired 14,800 Common Stock at $89.05 ($1,317,940) on August 12, 2026; holds 67,394 after (Direct).
- Option exercise/conversion: acquired 23,800 Common Stock at $100.44 ($2,390,353) on August 12, 2026; holds 91,194 after (Direct).
- Open-market sale: disposed of 52,100 Common Stock at $223.76 ($11,658,120) on August 12, 2026; holds 39,094 after (Direct).
- Option exercise/conversion: disposed of 13,500 Employee Stock Option (Right to Buy) on August 12, 2026 (Direct).
- Option exercise/conversion: disposed of 14,800 Employee Stock Option (Right to Buy) on August 12, 2026 (Direct).
- Option exercise/conversion: disposed of 23,800 Employee Stock Option (Right to Buy) on August 12, 2026 (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $11,658,120 of stock on the open market.
Insider Transactions
Richard G Harbison — Officer (EVP, Refining)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-12 | Option exercise/conversion | Common Stock | 13,500 | $75 | $1.0M | 52,594 |
| 2026-08-12 | Option exercise/conversion | Common Stock | 14,800 | $89 | $1.3M | 67,394 |
| 2026-08-12 | Option exercise/conversion | Common Stock | 23,800 | $100 | $2.4M | 91,194 |
| 2026-08-12 | Open-market sale | Common Stock | 52,100 | $224 | $11.7M | 39,094 |
| 2026-08-12 | Option exercise/conversion | Employee Stock Option (Right to Buy) | 13,500 | — | — | 0 |
| 2026-08-12 | Option exercise/conversion | Employee Stock Option (Right to Buy) | 14,800 | — | — | 0 |
| 2026-08-12 | Option exercise/conversion | Employee Stock Option (Right to Buy) | 23,800 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-12 | Option exercise/conversion (13,500 shares) |
| 2026-08-12 | Option exercise/conversion (14,800 shares) |
| 2026-08-12 | Option exercise/conversion (23,800 shares) |
| 2026-08-12 | Open-market sale (52,100 shares) |
| 2026-08-12 | Option exercise/conversion (13,500 shares) |
| 2026-08-12 | Option exercise/conversion (14,800 shares) |
| 2026-08-12 | Option exercise/conversion (23,800 shares) |
Keywords
insider transaction, Form 4, PSX, Phillips 66, bearish, Richard G Harbison
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