CFO Mitchell sold 11,021 shares of Phillips 66 at $190.03 via pre-arranged 10b5-1 plan; holds 97,376 shares post-sale plus 2,050 options.
Kevin J Mitchell, Exec. VP and CFO, sold 11,021 shares at $190.03 on 2026-07-09 under a pre-arranged 10b5-1 trading plan adopted 2025-11-21, reducing his direct holdings to 97,376 shares from 108,397 shares (10.2% net reduction). As a scheduled trade, timing cannot be evaluated; the sale reflects a fixed program rather than discretionary decision-making. Mitchell retains 2,050 shares via employee stock options, maintaining an ongoing position in Phillips 66. His prior PSX sales show mixed near-term outcomes: recent May 2026 sales posted +5.9% and +7.7% 30-day returns, while the March 2026 sales generated returns ranging from -8.7% to +10.6% over comparable periods. The company's annual revenue declined 7.5% year-over-year and trades at a P/E of 19.29.