Mandell Brian exercised Options for 23,400 Phillips 66 shares at $74.70 each on September 16, 2026, then sold 23,400 shares at $265.06. For investors, the transactions show 84,995 shares after the exercise, 61,595 after the sale and zero derivative securities following the option transaction.

Key Highlights

  • Mandell Brian exercised options covering 23,400 Phillips 66 shares at $74.70 per share.
  • A separate transaction sold 23,400 Phillips 66 shares for $265.06 each.
  • The option exercise left Brian with 0 derivative securities.

Phillips 66 (NYSE: PSX) is an oil refining and Marketing company. Mandell Brian, an executive vice president, exercised options for 23,400 shares at $74.70 each on September 16, 2026. He also sold 23,400 Phillips 66 shares at $265.06 per share on the same date.

Option Exercise and Share Sale Details

The exercise covered 23,400 derivative securities tied to Phillips 66 and 23,400 shares priced at $74.70 per share. The separate sale involved 23,400 shares at $265.06 each. Both transactions were attributed to Brian and took place on September 16, 2026.

Post-Transaction Holdings

Brian held 84,995 Phillips 66 shares after exercising the options, a transaction representing about 27.5% of his resulting share holding. His reported position after the sale was 61,595 shares, with that transaction representing about 27.5% of his prior share holding. The option exercise reduced his derivative securities position to 0. That represented about 100.0% of his prior derivative securities holding.