Director Cornelius buys 500 PSX shares at $123.55; holds 21.5K shares as price sits -18.7% from 52-week high.
Cornelius Sigmund L, a Director, purchased 500 shares of Phillips 66 at $123.55 on 2025-07-31, increasing his post-transaction holdings to 21.5K shares. The purchase occurred when PSX was trading -18.7% below its 52-week high of $147.17 and has since declined further, with the current price at $119.60 (down 5.4% in the past 30 days). The company is trading at a P/E of 28.14 against a backdrop of -2.9% annual revenue decline and net income of $877.0M on $33.3B in quarterly revenue. This modest incremental acquisition—a 2.4% increase to his existing 21.0K-share stake—provides limited evidence of strategic positioning absent additional context on the timing rationale or prior trade patterns at this ticker.