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SEC EDGAR$PSX

Davis Lisa Ann sold $315K of PSX (indirect holdings)

Davis Lisa Ann sold 1,515 indirectly-held shares of Phillips 66 (PSX) at an average of $207.73 ($207.21–$208.99, $0.31M total) across 3 trades on 2026-08-10.

Original reporting
SEC EDGAR · Davis Lisa Ann
Published Aug 11, 2026, 8:13 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 11, 2026, 8:16 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$PSX
Neutral
medium confidence
Mentioned
$PSX
Relevance
4/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$PSXNeutralLow
01

Why it matters

The only new information is the disclosed sale details (shares, price range, total value, and post-transaction holdings). There is no accompanying guidance, earnings, legal, or operational update.

02

Market read

Traders may monitor PSX for any follow-on insider activity, but the filing alone does not introduce a fundamental catalyst.

03

What to watch

Insider sales can be driven by diversification, taxes, or personal liquidity needs; the article provides no rationale, and the transaction size is not described as exceptional relative to typical insider activity.

Relevance 4/10Novelty 3/10Timing: Form 4 filed 2026-08-11, covering sales executed 2026-08-10.

Background

The article is a SEC Form 4 insider transaction disclosure for Phillips 66, reporting an open-market sale by a director from indirect holdings.

Company-level read

Ticker impact

$PSXNeutralMedium confidence
Context

Phillips 66 director Lisa Ann Davis sold $314,712 of PSX in an open-market transaction dated 2026-08-10, via a Form 4 filing.

Expected impact

Low likelihood of a sustained price move; any reaction is likely limited to short-term sentiment around insider selling.

Evidence & confidence

The filing discloses an open-market sale by a director, indirect holdings, and explicitly notes no pre-arranged 10b5-1 plan, but it does not provide new operational, financial, or regulatory information about Phillips 66.

Market effects

Sector

No direct sector read-through; insider-sale Form 4s are generally idiosyncratic unless tied to broader corporate actions.

Regional

None indicated.

Global

None indicated.

Counterpoint

What could challenge this read

Because the filing states no pre-arranged 10b5-1 plan, some traders may interpret the sale as a stronger signal than typical planned selling, potentially increasing short-term downside sensitivity.

Key entities

  • issuer
    Phillips 66

    Subject of the Form 4 insider transaction disclosure (PSX).

  • insider
    Davis Lisa Ann

    Director who sold PSX shares via open-market transactions; holdings after sale reported as 5,752 shares.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

PSX insider trading history →

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