Phillips 66·4

Feb 12, 6:30 PM ET

Kluppel Ann M 4

Research Summary

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Phillips 66 (PSX) VP Ann M. Kluppel Receives 1,991-Share Award

What Happened
Ann M. Kluppel, Vice President and Controller of Phillips 66 (PSX), was granted 1,991 restricted stock units (RSUs) on February 10, 2026. The grant is reported at an average price of $156.70 per share (midpoint of the day's high and low), valuing the award at $311,990. This is a compensation award (grant), not an open‑market purchase or sale.

Key Details

  • Transaction date: February 10, 2026; Form 4 filed February 12, 2026 (timely filing).
  • Transaction type/code: Grant/Award (A).
  • Amount: 1,991 RSUs @ $156.70 each = $311,990. (Price is the high/low midpoint on 2/10/2026.)
  • Holdings referenced: Includes 4,720 RSUs in total (which includes the 1,991 RSUs from this grant) that settle 1-for-1 into Phillips 66 common shares.
  • Other notes: Share totals include shares acquired under a 401(k) plan and/or routine dividend transactions that are exempt under Rule 16a-11.

Context
RSUs are a form of equity compensation that typically convert to common shares upon vesting; they are not an immediate cash purchase and do not necessarily signal an insider buying or selling for market reasons. This grant increases Kluppel’s potential future share holdings subject to vesting and any applicable tax withholding.