Form 4: Phillips 66 Executive Vice President Don Baldridge Reports Acquisition of Common Stock and Holdings of Restricted Stock Units

Executive Vice President Don Baldridge reports acquisition of 6,863 shares of Phillips 66 common stock and holdings of 34,710 Restricted Stock Units.

Summary

• On February 11, 2025, Don Baldridge, Executive Vice President of Phillips 66, acquired 6,863 shares of common stock at a price of $129.8275 per share.
• Following this transaction, Baldridge directly owns 43,572 shares of Phillips 66, which includes 34,710 Restricted Stock Units (RSUs) that settle for shares of Phillips 66 common stock on a 1-for-1 basis.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of stock acquisition by an executive. It doesn't inherently indicate positive or negative sentiment, but rather provides information.

Positives

• The acquisition of shares by an executive could be seen as a positive signal about the executive's confidence in the company's future.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.

Stakeholder Impact

• The transaction could influence investor sentiment regarding Phillips 66.

Key Dates