Harbison Richard G 4
Research Summary
AI-generated summary
Phillips 66 (PSX) EVP Richard G. Harbison Receives RSU Award
What Happened
- Richard G. Harbison, Executive Vice President, Refining at Phillips 66 (PSX), received a grant of 8,171 restricted stock units (RSUs) on February 10, 2026. The grant is valued at $156.70 per share (the average of the high and low price on 2026-02-10), for a total reported value of $1,280,396. This was an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: February 10, 2026; filing date: February 12, 2026 (appears timely).
- Award: 8,171 RSUs; reported price used: $156.70 (average of high and low on grant date); total value: $1,280,396.
- Holdings reported: Includes 23,008 RSUs in total that settle 1-for-1 for Phillips 66 common stock, which includes the 8,171 RSUs from this grant (per footnote).
- Notable footnotes: F1 = reported price is the mid-point of the day; F2 = total RSU count includes these shares and other RSUs that settle 1-for-1; F3 = other reported shares may include routine 401(k) or dividend-related acquisitions exempt under Rule 16a-11.
- Filing timeliness: Not indicated as late.
Context
- RSU grants are a form of compensation and typically convert to actual shares on vesting; this transaction reflects receipt of an award rather than a market bet. Such grants are common for executives and are not the same as an open-market purchase or sale.