Baldridge Don 4

What Happened Don Baldridge, Executive Vice President of Phillips 66 (PSX), reported an open-market sale of 7,500 shares on February 17, 2026. The shares were sold at $160.00 each for a total transaction value of $1,200,000. This was a sale (disposition) rather than a purchase.

Key Details

• Transaction date and price: 2026-02-17, 7,500 shares at $160.00 per share (Sale, code S).
• Total value: $1,200,000.
• Shares owned after transaction: Not specified in the filing; the Form 4 does not list a post-transaction total.
• Footnote: Filing notes 30,937 Restricted Stock Units (RSUs) that settle 1-for-1 into Phillips 66 common shares (F1).
• Timeliness: Filed on 2026-02-19; the filing appears timely under Form 4 reporting rules.

Context Sales by executives can reflect routine diversification or planned liquidity and do not, by themselves, indicate a change in company outlook. The filing does not show option exercises or other derivative transactions tied to this sale; the only additional detail is the RSU footnote indicating future share settlement.