Lashier Mark E 4

What Happened Mark E. Lashier, Chairman and CEO of Phillips 66 (PSX), was granted 29,148 restricted stock units (RSUs) on February 10, 2026. The grant is reported at an average price of $156.70 per share (the average of the high and low on Feb 10), giving the award a reported value of $4,567,492. This transaction is coded as an award/grant (A) — a compensation event, not an open-market purchase.

Key Details

• Transaction date: 2026-02-10; Form 4 filed: 2026-02-12 (not marked late).
• Price used: $156.70 (average of the high and low on Feb 10, 2026) — see footnote F1.
• Shares/units granted: 29,148 RSUs; reported value: $4,567,492.
• Shares/units held after transaction: Filing notes a total of 86,991 RSUs held by Lashier, which includes these 29,148 RSUs and settle 1-for-1 into Phillips 66 common stock (footnote F2).
• Transaction code: A (award/grant). No 10b5-1, tax-withholding, or late-filing issues are indicated in the provided notes.

Context RSUs are a common form of executive compensation that convert into company shares according to vesting terms; this filing reports the grant amount and the RSU balance but does not indicate immediate sale or purchase activity. Awards like this reflect compensation policy rather than direct market buying/selling by the insider.