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SEC EDGARAUG 132 min read$PSX

Harbison Richard G sold $11.7M of PSX

Harbison Richard G (EVP, Refining) sold 52,100 shares of Phillips 66 (PSX) at $223.76 ($11.66M total) on 2026-08-12.

Original reporting
SEC EDGAR · Harbison Richard G
Published Aug 13, 2026, 9:30 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 13, 2026, 9:46 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
7/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$PSXNeutralLow
01

Why it matters

The disclosure provides a concrete datapoint on insider selling activity (52,100 shares, ~$11.66M) but does not include any new company-specific business development.

02

Market read

Traders may monitor insider activity for sentiment, but this filing alone is not a catalyst for valuation changes.

03

What to watch

No 10b5-1 plan is cited, but the article also lacks context on prior holdings, compensation structure, or whether other insiders sold/bought around the same period.

Relevance 7/10Novelty 3/10Timing: filed 2026-08-13, transaction dated 2026-08-12

Background

The article is a SEC Form 4 insider transaction disclosure for Phillips 66 executive Harbison Richard G (EVP, Refining).

Company-level read

Ticker impact

$PSXNeutralMedium confidence
Context

Phillips 66 insider Harbison Richard G sold 52,100 shares on 2026-08-12 at $223.7643, totaling about $11.66M.

Expected impact

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

Evidence & confidence

The filing is a Form 4 insider transaction, not a company guidance, contract, or regulatory event. The disclosed size is notable, but insider sales are common and the article provides no new operational or financial catalyst.

Market effects

Sector

Minimal. Insider selling at a single refiner does not materially change sector supply-demand or crack-spread expectations.

Regional

None indicated.

Global

None indicated.

Counterpoint

What could challenge this read

The sale may be driven by diversification, taxes, or pre-existing personal liquidity needs rather than a bearish view on Phillips 66.

Key entities

  • issuer
    Phillips 66

    US-listed refiner whose executive filed the Form 4 insider sale.

  • insider
    Harbison Richard G

    EVP, Refining at Phillips 66; sold 52,100 shares on 2026-08-12.

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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