Meyers Kevin Omar 4

What Happened
Kevin Meyers, a director of Phillips 66 (PSX), received a prorated grant of 949 restricted stock units (RSUs) on March 16, 2026 (treated as an award) valued at approximately $164,023, and completed an open-market purchase of 175 shares on March 17, 2026 for about $30,310. The RSUs convert to one share of Phillips 66 common stock each upon settlement. The award (A) is a grant of equity rather than a purchase; the 175-share transaction (P) is an outright buy on the open market.

Key Details

• Transaction dates and prices:
  • 2026-03-16: 949 RSUs awarded at $172.84 per share (value ≈ $164,023). (F2: price is the average of the high and low on 3/16/2026.)
  • 2026-03-17: Open-market purchase of 175 shares at $173.20 per share (cost ≈ $30,310).
• RSU specifics: 949 RSUs settle 1-for-1 into common shares; the grant is a prorated portion of the annual director award for a newly joined director (F1, F3).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: The Form 4 was filed on 2026-03-17; no late filing indication is shown.

Context
RSU grants to directors are common compensation and reflect grant issuance rather than a market bet. The subsequent open-market purchase is a personal buy and may be of interest to investors as a direct purchase of stock. This summary is factual and does not infer motivation behind the award or purchase.