Insider Cluster (2 insiders) ·Filed Mar 12, 2026

PSX

Phillips 66
BEARISH
Impact 6/10
Horizondays Processed6mo ago
Insider cluster: 2 insiders, $7.9M total
Actionable Insight ▼ Bearish

Monitor for upcoming earnings or strategic announcements — this level of coordinated selling by executives may indicate lack of near-term confidence or portfolio diversification ahead of potential headwinds.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
PSX ▲ +5.16% at T+60d
SHORT call ✗ call lost -5.16% · α vs SPY +5.53% · entry $174.09 → $183.08
Entry anchored
Mar 11, 03:59 PM ET
via exchange tick
T+1d
-0.78%
call +0.78% · α +0.18%
$172.74
settled 7mo ago
T+5d
+2.44%
call -2.44% · α -3.42%
$178.34
settled 7mo ago
T+20d
-8.52%
call +8.52% · α +10.50%
$159.25
settled 6mo ago
T+60d
+5.16%
call -5.16% · α +5.53%
$183.08
settled 4mo ago

Price Chart

Loading chart...

Executive Summary

Phillips 666 insiders sold a combined $7.9M in open-market transactions over the past week, led by Executive Vice President Brian Mandell selling $7.26M in shares. A separate derivative exercise added $3.8M in non-cash value, but the open-market sales represent real economic selling by corporate insiders.

Key Financial Metrics

Direction
selling
Total Value
$7.9M
Insiders
2

Key Facts

  • Executive Vice President Brian Mandell sold $7,255,755 worth of shares in open-market transactions on 2026-03-12.
  • Director Lisa Ann Davis sold $662,617 in shares on 2026-03-13.
  • Mandell also exercised derivatives for 85,600 shares with a total value of $3,833,596, but these were non-cash events.
  • Total open-market selling: $7.92M across two insiders.
  • Total insider selling represents approximately 0.011% of Phillips 66's $69.2B market cap.

Financial Impact

$7.92M in net insider selling over 7 days

insider sentimentshareholder confidence

Risk Factors

  • Insider selling could signal expectations of near-term underperformance.
  • Derivative exercises followed by sales may indicate profit-taking after vesting.

Market Snapshot

Exchange
NYSE

Investment Themes

Traditional Energy

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (4 trades, 7d window)cluster-PSX-1773698894932
13 reports for PSX
Performance horizon
100% Hit rate 4 of 4 directional calls best @ T+20▲ +26.43%Aug 5, 2026
Filters
Rows
Reports for PSX — sortable, filterable
TypeNow
Aug 31, 2026
4w ago
Court Ruling
NEUTRAL ★ 1/10
$246.58 $252.25▲ +2.30%▲ +2.49%$264.58 (+7.30%)
Aug 13, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$232.61 $259.47▲ +11.55%▲ +13.29%$264.58 (+13.74%)
Aug 12, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$232.61 $259.47▲ +11.55%▲ +13.29%$264.58 (+13.74%)
Aug 11, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$224.36 $260.78▲ +16.23%▲ +17.29%$264.58 (+17.93%)
Aug 5, 2026
8w ago
8-K
BULLISH ★ 7/10
$202.55 $256.09▲ +26.43%▲ +27.03%$264.58 (+30.62%)
May 20, 2026
19w ago
Court Ruling
NEUTRAL ★ 1/10
$179.34 $166.14▼ −7.36%▼ −8.10%$264.58 (+47.53%)
May 20, 2026
19w ago
Court Ruling
NEUTRAL ★ 5/10
$179.34 $166.14▼ −7.36%▼ −8.10%$264.58 (+47.53%)
May 11, 2026
20w ago
144
NEUTRAL ★ 2/10
$175.43 $181.72▲ +3.59%▲ +5.31%$264.58 (+50.82%)
Apr 29, 2026
22w ago
8-K
BULLISH ★ 7/10
$172.24 $176.71▲ +2.60%▼ −3.45%$264.58 (+53.61%)
Apr 6, 2026
25w ago
8-K
BEARISH ★ 7/10
$174.70 $178.47▼ −2.16%▲ +7.62%$264.58 (−51.45%)
Showing 10 of 13

US Market Status

Market Closed — Opens Mon (65h 9m)

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access
Report published Mar 16, 2026