Phillips 66 EVP Mandell Brian sold 42,800 shares ($7.3M) at $169.53; retains 61,594 shares post-sale
Mandell Brian, Executive Vice President at Phillips 66, sold 42,800 shares (42.8K shares) on 2026-03-12 at $169.53, reducing his holdings by 41.0% from 104,394 shares to 61,594 shares. The sale occurred near the 52-week high at $174.09 (current price $173.48, -0.4% from peak), and follows strong recent momentum: the stock is up 8.6% over 30 days and 31.6% over 90 days. However, his prior trades at Phillips 66 show a consistent pattern of poor timing: all 4 prior sales at this ticker generated positive 90-day returns (averaging +12.1%), meaning the stock rose after each sale, and his cross-ticker track record shows 0.00% well-timed rate on prior sells. The company's fundamentals show challenges: annual revenue declined 7.5% year-over-year to $34.5B, with net income of $133.0M and a P/E of 18.34. This sale reduces but does not eliminate Brian's substantial stake in the company.