Ungerleider Howard I 4

What Happened

• Howard I. Ungerleider, a director of Phillips 66 (PSX), received a grant of 949 restricted stock units (RSUs) on March 16, 2026. The reporting price shown is the average of the high and low stock price that day ($172.84), valuing the grant at approximately $164,023. The RSUs convert to Phillips 66 common stock on a 1-for-1 basis.

Key Details

• Transaction date: 2026-03-16 (reported on Form 4 filed 2026-03-17)
• Transaction type/code: Award/Grant (A)
• Amount: 949 RSUs; per-share price used for reporting: $172.84 (average of high and low on 3/16/2026)
• Reported total value: $164,023
• Shares owned after transaction: Not specified in the information provided in this summary
• Notable footnotes: Grant is a prorated portion of the annual director award to reflect a new board appointment; RSUs settle 1-for-1 into common shares (footnotes F1–F3)
• Timeliness: Filing appears timely (transaction 3/16/2026; Form 4 filed 3/17/2026)

Context

• This was a compensation grant of RSUs to a director, not an open-market purchase or sale. RSU awards increase potential future share ownership if and when they vest/settle, but do not by themselves indicate the insider is buying or selling stock in the market. The filing does not disclose a vesting schedule or any immediate sale of shares.