Sutherland Vanessa Allen 4

What Happened Vanessa Allen Sutherland, Executive Vice President, General Counsel and Secretary of Phillips 66, was granted 7,478 restricted stock units (RSUs) on February 10, 2026. The award is reported at an average price of $156.70 per share, representing a reported grant value of $1,171,803. This filing (transaction code A) reflects an award/acquisition as part of compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-10; reported on Form 4 filed 2026-02-12 (timely).
• Reported price basis: $156.70 (average of the high and low stock price on 2/10/2026). (F1)
• Shares awarded: 7,478 RSUs; reported grant value $1,171,803.
• Shares/RSUs held after transaction: 22,620 RSUs in total, which includes the 7,478 RSUs reported here; RSUs settle 1-for-1 into Phillips 66 common stock. (F2)
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax-withholding, or immediate sale indicated in this filing.

Context RSU grants are a form of compensation and usually vest over time; they do not represent an open-market purchase (which might signal additional personal buying conviction) or a sale. For retail investors, compensation awards can dilute shares when they convert to stock, but they are a routine way companies compensate executives and do not by themselves indicate management trading sentiment.