Insider trade

CFO sold ~$5M of PSX shares in the open market

Traded May 8, 2026 · Filed May 12, 2026

Phillips 66PSX

~$5M
Reported value · 29K sh @ $170.005: 97K
Holds after · shares reported: +54.0%
stock since the trade · S&P 500 +3.6%, $171.56 → $264.23 on Oct 1

Why it stands out

The money chief of Phillips 66 sold $5M of Phillips 66 shares. It happened by itself, for taxes or pay.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: May 8, 2026
Reporting period: Not applicable
Filed with the SEC: May 12, 2026

CFO$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$4,998,147

Shares × reported transaction price

Timing vs results

9 days after results of Apr 29, 2026, 89 days before results of Aug 5, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $171.56 on May 8, 2026, 55% above its 52-week low and 9% below its high, after a 7% drop over the previous 30 trading days

52-week range $110.92 (May 9, 2025) to $188.28 (Mar 27, 2026), 78% of the way up, from 251 adjusted closes. 30 trading days earlier: $184.01 on Mar 26, 2026. Describes the past only, not a forecast

Layoff notice nearby

A WARN layoff notice covering 10 workers was filed in California on April 10, 2026.

From the official state WARN list, 28 days before the trade; 1 more notice by the company within 60 days. Shown for timing only; the two filings are separate

Planned / mechanical clue

Footnote references vesting of compensation awards

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+4.4%	-0.1%	+4.5%
30 days	+4.4%	-0.1%	+4.5%
90 days	+30.6%	+3.8%	+26.8%

Past results only. Not a forecast.

Source receipt

Record ID: 0001663211-26-000012
Filed / recorded: May 12, 2026, 9:16 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Phillips 66
Issuer CIK: 1534701
Ticker: PSX
Reporting person: Kevin J Mitchell
Relationship: Officer
Officer title: Exec. VP and CFO
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: May 8, 2026
Transaction code: S
Shares / units: 29,400
Price per share: $170.005
Acquired / disposed: Disposed (D)
Shares owned after: 97,376
Ownership form: Direct
Amendment: No

Footnotes from the filing

The exercise of stock options and sale of shares acquired upon exercise were made solely at the direction of the reporting person's ex-spouse pursuant to a domestic relations order. The reporting person's ex-spouse will retain the after-tax proceeds from the sales.
The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.00 to $170.095. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Includes 31,849 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.