Form 4: Phillips 66 President Sells Shares
Insider Transaction (Form 4)
Brian Mandell, Executive Vice President of Phillips 66, sold 23,400 shares of common stock on September 16, 2026 for $265.06 per share.
Summary
- Option exercise/conversion: acquired 23,400 Common Stock at $74.70 ($1,747,980) on September 16, 2026; holds 84,995 after (Direct).
- Open-market sale: disposed of 23,400 Common Stock at $265.06 ($6,202,381) on September 16, 2026; holds 61,595 after (Direct).
- Option exercise/conversion: disposed of 23,400 Employee Stock Option (Right to Buy) on September 16, 2026 (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $6,202,381 of stock on the open market.
Insider Transactions
Brian Mandell — Officer (Executive Vice President)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-16 | Option exercise/conversion | Common Stock | 23,400 | $75 | $1.7M | 84,994.918 |
| 2026-09-16 | Open-market sale | Common Stock | 23,400 | $265 | $6.2M | 61,594.918 |
| 2026-09-16 | Option exercise/conversion | Employee Stock Option (Right to Buy) | 23,400 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-16 | Option exercise/conversion (23,400 shares) |
| 2026-09-16 | Open-market sale (23,400 shares) |
| 2026-09-16 | Option exercise/conversion (23,400 shares) |
Keywords
insider transaction, Form 4, PSX, Phillips 66, bearish, Brian Mandell
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