Form 4: Phillips 66 Executive Vice President Acquires Shares
SEC Form 4 Filing
Vanessa Allen Sutherland, EVP, GC and Secretary of Phillips 66, acquired 8,385 shares of common stock at an average price of $129.8275 on February 11, 2025.
Summary
- On February 11, 2025, Vanessa Allen Sutherland, EVP, GC and Secretary of Phillips 66, acquired 8,385 shares of common stock.
- The acquisition was made at a price of $129.8275 per share.
- Following the transaction, Sutherland beneficially owns 47,766 shares, which includes 21,713 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard regulatory filing reporting an insider transaction. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- The acquisition of shares by an executive may signal confidence in the company's future performance.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's prospects, although they don't always indicate a definitive trend.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Date of transaction: Vanessa Allen Sutherland acquired shares of Phillips 66 common stock. |
| 02/13/2025 | Date of signature: Jenarae N. Garland, Attorney-in-Fact, signed the Form 4 on behalf of Vanessa Allen Sutherland. |
Keywords
Phillips 66, PSX, insider trading, Form 4, executive, stock acquisition, Vanessa Allen Sutherland, Restricted Stock Units, RSUs
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