Baldridge Don 4
4 · Phillips 66 · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Phillips 66 (PSX) Executive VP Don Baldridge Receives 7,139 RSUs
What Happened
Don Baldridge, Executive Vice President of Phillips 66 (PSX), was granted 7,139 restricted stock units (RSUs) on February 10, 2026. The grant is reported at a value of $156.70 per share (average of the high and low on Feb 10), for a total reported value of $1,118,681. This is an award/compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction type: Award/Grant of RSUs (Code A)
- Transaction date: February 10, 2026; Form 4 filed February 12, 2026 (timely)
- Price used for valuation: $156.70 (F1: average of high & low on Feb 10, 2026)
- Shares granted: 7,139 RSUs; reported total RSUs held: 30,937 RSUs including these 7,139 (F2)
- Settlement: RSUs settle 1-for-1 into Phillips 66 common stock (per footnote F2)
- No indication in this filing of a sale, tax-withholding, or 10b5-1 plan
Context
RSU grants are a form of compensation and typically vest over time; they are not the same as a purchase and do not alone indicate insider sentiment about near-term stock moves. When vested and settled, RSUs add shares outstanding (potential dilution), and they increase the insider's stake in the company once converted to shares.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-10$156.70/sh+7,139$1,118,681→ 45,988 total
Footnotes (2)
- [F1]The price reflected above is the average of the high and the low price of the Company's stock on February 10, 2026.
- [F2]Includes 30,937 Restricted Stock Units (RSUs), including the 7,139 RSUs reported on this Form 4, that settle for shares of Phillips 66 common stock on a 1-for-1 basis.