Mandell Brian 4

What Happened Brian Mandell, Executive Vice President of Phillips 66 (PSX), was granted 7,244 restricted stock units (RSUs) on February 10, 2026. The filing reports a per-share reference price of $156.70 (the average of the high and low on that date), giving the award a notional value of $1,135,135. This was an award/grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date and reporting: 2026-02-10; Form 4 filed 2026-02-12 (filed within the usual two-business-day window).
• Price/value used: $156.70 per share (average of high and low on 2/10/2026); total value ≈ $1,135,135.
• Shares owned / RSUs after transaction: The Form 4 notes Mandell holds 22,182 RSUs in total (including the 7,244 reported here) that settle 1-for-1 into common shares; the filing does not state a separate total of already-owned common shares.
• Footnotes: F1 explains the $156.70 price is the high/low average for 2/10/2026. F2 confirms the 7,244 RSUs are part of 22,182 RSUs that will convert to shares on a 1-for-1 basis.
• Transaction type: Award/grant of RSUs (code A). No indication of immediate sale or cashless exercise.

Context RSUs are compensation awards that typically vest over time and convert to common shares upon vesting; they are not market purchases and do not by themselves indicate a buying signal. This filing documents the grant and reporting details (value and total RSUs) but does not provide Mandell’s total beneficial ownership of Phillips 66 common stock.