Director Lisa Ann Davis sells 3,800 Phillips 66 (PSX) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phillips 66 director Lisa Ann Davis reported an open-market sale of 3,800 shares of Phillips 66 common stock on March 13, 2026. The shares were sold at a weighted average price of $174.3730 per share in multiple transactions priced between $174.33 and $174.51.
After these sales, Davis directly owns 8,701.1768 shares of Phillips 66 common stock, which includes 1,434.1768 Restricted Stock Units that settle into Phillips 66 common shares on a 1-for-1 basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,800 shares ($662,617)
Net Sell
1 txn
Insider
Davis Lisa Ann
Role
Director
Sold
3,800 shs ($663K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,800 | $174.373 | $663K |
Holdings After Transaction:
Common Stock — 8,701.177 shares (Direct)
Footnotes (1)
- The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.33 to $174.51. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was affected. Includes 1,434.1768 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
FAQ
What insider transaction did Phillips 66 (PSX) director Lisa Ann Davis report?
Director Lisa Ann Davis reported selling 3,800 shares of Phillips 66 common stock. The transaction was an open-market sale on March 13, 2026, and was disclosed as a single Form 4 event with detailed pricing information for the multiple trade executions.
What type of security was involved in Lisa Ann Davis’s Phillips 66 (PSX) transaction?
The transaction involved Phillips 66 common stock, reported as a non-derivative security. In addition, the holding disclosure notes 1,434.1768 Restricted Stock Units that are designed to convert into Phillips 66 common shares on a one-for-one basis in the future.
Were multiple trades involved in this Phillips 66 (PSX) insider sale?
Yes. The filing states the 3,800 shares were sold in multiple trades. These trades occurred at prices ranging from $174.33 to $174.51, with $174.3730 per share reported as the weighted average price for the overall transaction.
Do Lisa Ann Davis’s holdings include Phillips 66 (PSX) Restricted Stock Units?
Yes. Her post-transaction holdings include 1,434.1768 Restricted Stock Units. These units are structured to settle into Phillips 66 common stock on a 1-for-1 basis, meaning each unit converts into one share when settlement conditions are met.