Form 4: Phillips 66 President Sells Shares
Insider Transaction (Form 4)
Brian Mandell, Executive Vice President of Phillips 66, sold 33,300 shares of common stock on August 10, 2026.
Summary
- Option exercise/conversion: acquired 3,300 Common Stock at $74.70 ($246,510) on August 10, 2026; holds 64,895 after (Direct).
- Open-market sale: disposed of 3,300 Common Stock at $214.02 ($706,266) on August 10, 2026; holds 61,595 after (Direct).
- Option exercise/conversion: acquired 30,000 Common Stock at $74.70 ($2,241,000) on August 11, 2026; holds 91,595 after (Direct).
- Open-market sale: disposed of 30,000 Common Stock at $215.00 ($6,450,000) on August 11, 2026; holds 61,595 after (Direct).
- Option exercise/conversion: disposed of 3,300 Employee Stock Option (Right to Buy) on August 10, 2026; holds 53,400 after (Direct).
- Option exercise/conversion: disposed of 30,000 Employee Stock Option (Right to Buy) on August 11, 2026; holds 23,400 after (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $7,156,266 of stock on the open market.
Insider Transactions
Brian Mandell — Officer (Executive Vice President)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-10 | Option exercise/conversion | Common Stock | 3,300 | $75 | $246.5K | 64,894.918 |
| 2026-08-10 | Open-market sale | Common Stock | 3,300 | $214 | $706.3K | 61,594.918 |
| 2026-08-11 | Option exercise/conversion | Common Stock | 30,000 | $75 | $2.2M | 91,594.918 |
| 2026-08-11 | Open-market sale | Common Stock | 30,000 | $215 | $6.5M | 61,594.918 |
| 2026-08-10 | Option exercise/conversion | Employee Stock Option (Right to Buy) | 3,300 | — | — | 53,400 |
| 2026-08-11 | Option exercise/conversion | Employee Stock Option (Right to Buy) | 30,000 | — | — | 23,400 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-10 | Option exercise/conversion (3,300 shares) |
| 2026-08-10 | Open-market sale (3,300 shares) |
| 2026-08-11 | Option exercise/conversion (30,000 shares) |
| 2026-08-11 | Open-market sale (30,000 shares) |
| 2026-08-10 | Option exercise/conversion (3,300 shares) |
| 2026-08-11 | Option exercise/conversion (30,000 shares) |
Keywords
insider transaction, Form 4, PSX, Phillips 66, bearish, Brian Mandell
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