=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-08-07
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: Phillips 66 (PSX)
CIK: 0001534701
--- Reporting Owner ---
Name: Kluppel Ann M
CIK: 0002021896
Role: Officer (SVP and Controller)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-08-07 | Code: M (Exercise of derivative)
Shares: +1,800 | Price: $100.44
Total Value: $180,783.00
Shares Owned After: 27,201 | Ownership: D (Direct)
Footnotes:
[F1] Includes 4,720 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
[Transaction #2]
Security: Common Stock
Date: 2026-08-07 | Code: S (Open market sale)
Shares: -1,800 | Price: $205.00
Total Value: $369,000.00
Shares Owned After: 25,401 | Ownership: D (Direct)
Footnotes:
[F1] Includes 4,720 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
[Transaction #3]
Security: Common Stock
Date: 2026-08-10 | Code: M (Exercise of derivative)
Shares: +2,100 | Price: $100.44
Total Value: $210,913.50
Shares Owned After: 27,501 | Ownership: D (Direct)
Footnotes:
[F1] Includes 4,720 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
[Transaction #4]
Security: Common Stock
Date: 2026-08-10 | Code: M (Exercise of derivative)
Shares: +3,934 | Price: $89.05
Total Value: $350,322.70
Shares Owned After: 31,435 | Ownership: D (Direct)
Footnotes:
[F1] Includes 4,720 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
[Transaction #5]
Security: Common Stock
Date: 2026-08-10 | Code: S (Open market sale)
Shares: -2,100 | Price: $210.63
Total Value: $442,326.57
Shares Owned After: 29,335 | Ownership: D (Direct)
Footnotes:
[F2] The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.135 to $210.72. 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.
[F1] Includes 4,720 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
[Transaction #6]
Security: Common Stock
Date: 2026-08-10 | Code: S (Open market sale)
Shares: -1,967 | Price: $212.00
Total Value: $417,004.00
Shares Owned After: 27,368 | Ownership: D (Direct)
Footnotes:
[F1] Includes 4,720 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
[Transaction #7]
Security: Common Stock
Date: 2026-08-10 | Code: S (Open market sale)
Shares: -1,967 | Price: $215.00
Total Value: $422,905.00
Shares Owned After: 25,401 | Ownership: D (Direct)
Footnotes:
[F1] Includes 4,720 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
--- Derivative Transactions ---
[Transaction #1]
Security: Employee Stock Option (Right to Buy)
Date: 2026-08-07 | Code: M (Exercise of derivative)
Shares: -1,800 | Price: $100.44
Exercisable: N/A | Expires: 2033-02-07
Shares Owned After: 2,100 | Ownership: D (Direct)
Footnotes:
[F4] The options became exercisable in three equal annual installments beginning on February 7, 2024.
[Transaction #2]
Security: Employee Stock Option (Right to Buy)
Date: 2026-08-10 | Code: M (Exercise of derivative)
Shares: -2,100 | Price: $100.44
Exercisable: N/A | Expires: 2033-02-07
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F4] The options became exercisable in three equal annual installments beginning on February 7, 2024.
[Transaction #3]
Security: Employee Stock Option (Right to Buy)
Date: 2026-08-10 | Code: M (Exercise of derivative)
Shares: -3,934 | Price: $89.05
Exercisable: N/A | Expires: 2032-02-08
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F5] The options became exercisable in three equal annual installments beginning on February 8, 2023.
--- Holdings ---
[Holding #1]
Security: Common Stock
Ownership: I (Indirect)
Footnotes:
[F3] Includes shares acquired through ongoing acquisitions under a 401(k) plan and/or routine dividend transactions that are exempt under rule 16a-11.
--- Footnotes (Complete Index) ---
F1: Includes 4,720 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
F2: The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $210.135 to $210.72. 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.
F3: Includes shares acquired through ongoing acquisitions under a 401(k) plan and/or routine dividend transactions that are exempt under rule 16a-11.
F4: The options became exercisable in three equal annual installments beginning on February 7, 2024.
F5: The options became exercisable in three equal annual installments beginning on February 8, 2023.
--- Signature ---
/s/ /s/ William H. Bald, as Attorney-in-Fact (2026-08-11)