Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-21

Phillips 66 (PSX)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$23,113,403
Mark Lashier total, FY2025
57th
CEO pay percentile vs peers
145:1
CEO-to-median pay ratio
95.82%
Say-on-pay support, latest vote
Companies that benchmark against PSX
18 companies name PSX as a compensation peer

Each company listed discloses PSX in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named PSX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Mark Lashier$1,741,667$0$16,185,204$0$3,734,134$558,558$893,840$23,113,403
Chairman and Chief Executive Officer
Kevin Mitchell1,045,75405,968,17001,401,310404,496243,1749,062,904
Executive Vice President and Chief Financial Officer
Richard Harbison934,16704,270,15701,126,6051,009,994198,0097,538,932
Executive Vice President, Refining
Vanessa Allen Sutherland873,33304,479,43901,053,240175,761194,0306,775,803
Executive Vice President, Government Affairs, General Counsel and Corporate Secretary
Brian Mandell892,34904,001,67301,076,173212,483206,8266,389,504
Executive Vice President, Marketing & Commercial

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Mark Lashier$23,113,403$22,586,946$19,409,262+526,457
Kevin Mitchell9,062,9048,343,9718,366,393+718,933
Richard Harbison7,538,9327,444,173+94,759
Vanessa Allen Sutherland6,775,8036,055,0334,998,919+720,770
Brian Mandell6,389,5048,383,9527,515,491−1,994,448

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Kevin O. MeyersDirector2026-05-06A175$173$30,297CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08D600172102,936CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08A5,40095512,190CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08D24,00000Derivative, Class A CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08D29,4001704,998,147CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08A24,000952,279,220CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08A6009556,981CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08D5,40000Derivative, Class A CommonForm 4 ↗
Dividend-equivalent accruals2026-05-086001 insider, 1 accrual row
Kevin MitchellExec. VP and CFO2026-07-09A11,021951,046,637CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-07-09D11,02100Derivative, Class A CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-07-09D11,0211902,094,285CommonForm 4 ↗
Vanessa Allen SutherlandEVP, GC and Secretary2026-07-20D3,5232,110,4827,435,228,086CommonForm 4 ↗
Vanessa Allen SutherlandEVP, GC and Secretary2026-07-20D563211118,798CommonForm 4 ↗
Vanessa Allen SutherlandEVP, GC and Secretary2026-07-21D3,523211743,523CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 15 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Kevin O. MeyersDirector2026-05-06A175$173$30,297CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08D600172102,936CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08A5,40095512,190CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08D24,00000Derivative, Class A CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08D29,4001704,998,147CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08A24,000952,279,220CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08A6009556,981CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08D5,40000Derivative, Class A CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-05-08D60000Derivative, Class A CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-07-09A11,021951,046,637CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-07-09D11,02100Derivative, Class A CommonForm 4 ↗
Kevin MitchellExec. VP and CFO2026-07-09D11,0211902,094,285CommonForm 4 ↗
Vanessa Allen SutherlandEVP, GC and Secretary2026-07-20D3,5232,110,4827,435,228,086CommonForm 4 ↗
Vanessa Allen SutherlandEVP, GC and Secretary2026-07-20D563211118,798CommonForm 4 ↗
Vanessa Allen SutherlandEVP, GC and Secretary2026-07-21D3,523211743,523CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Mark LashierRSU2025-02-1132,351$4,200,049
Brian MandellPSU2025-02-112,963,313
Kevin MitchellPSU2025-02-114,419,458
Mark LashierPSU2025-02-1111,985,155
Kevin MitchellRSU2025-02-1111,9291,548,712
Richard HarbisonRSU2025-02-118,5351,108,078
Richard HarbisonPSU2025-02-113,162,079
Vanessa Allen SutherlandRSU2025-02-118,3851,088,604
Brian MandellRSU2025-02-117,9981,038,360
Vanessa Allen SutherlandPSU2025-02-113,390,835
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Mark Lashier$4,200,049$11,985,155$074.1%
Brian Mandell1,038,3602,963,313074.1%
Kevin Mitchell1,548,7124,419,458074.1%
Richard Harbison1,108,0783,162,079074.1%
Vanessa Allen Sutherland1,088,6043,390,835075.7%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Brian MandellRSU23,427$3,023,020
Kevin MitchellPSU122,58015,817,723
Mark LashierPSU346,50644,713,134
Vanessa Allen SutherlandPSU87,44811,284,290
Mark LashierRSU86,59811,174,606
Vanessa Allen SutherlandRSU21,7132,801,846
Richard HarbisonRSU21,1002,722,744
Richard HarbisonPSU89,01211,486,108
Brian MandellOption10,767100.44
Kevin MitchellOption14,767100.44
Vanessa Allen SutherlandOption8,034100.44
Richard HarbisonOption7,934100.44
Kevin MitchellRSU32,0994,142,055
Brian MandellPSU89,71411,576,695
Mark LashierOption36,400100.44
05

Incentive-plan design — the Compensation Discussion & Analysis

At Phillips 66, our compensation program plays a critical role in attracting, retaining, and motivating the leadership needed to execute our strategy and deliver long-term shareholder value. Our leadership team remains focused on disciplined portfolio optimization to drive strong operational and financial results, which are measured against rigorous goals that promote accountability and continuous improvement. Consistent with our pay for performance philosophy, a significant portion of our NEOs compensation is at risk and directly linked to achieving our strategic and financial objectives.

CEO STI target (% of salary)160%
CEO LTI target (% of salary)
Independent consultantMercer
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-13285,329,90310,789,6461,671,95395.82%Passed
20252025-05-21254,968,96042,326,8607,198,51783.74%Passed
20242024-05-15288,566,49220,573,0082,118,89092.71%Passed
20232023-05-10313,739,60725,436,1262,550,53691.81%Passed
20222022-05-11286,147,78535,747,5742,563,81088.19%Passed
20212021-05-12157,625,225155,589,6082,625,38349.91%Failed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1395.82%a
20252025-05-2183.74%b
20242024-05-1592.71%c

a. Approved under the standard stated in the filing — “For each of the other proposals (Proposals 2 and 3), abstentions will be treated as shares present for quorum purposes and entitled to vote, so they will have the same practical effect as votes against the proposal.”.

b. Approved under the standard stated in the filing — “For each of the other proposals (Proposals 2, 3 and 4), abstentions will be treated as shares present for quorum purposes and entitled to vote, so they will have the same practical effect as votes against the proposal.”.

c. Approved under the standard stated in the filing — “For each of the other proposals (Proposals 2, 3 and 4), abstentions will be treated as shares present for quorum purposes and entitled to vote, so they will have the same practical effect as votes against the proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)145 : 1
CEO total compensation$23,113,403
Median employee compensation$159,592
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Glenn F. TiltonIndependent · Lead Independent Director · Human Resources and Compensation · Nominating and Governance (Chair) · Public Policy and Sustainability · Executive · Not standing for re-election$185,000$200,020$0$16,729$401,749
Robert W. PeaseIndependent · Audit and Finance · Nominating and Governance · Public Policy and Sustainability (Chair) · Executive · Partial-year service155,000200,020020,000375,020
Marna C. WhittingtonIndependent · Audit and Finance (Chair) · Nominating and Governance · Public Policy and Sustainability · Executive · Not standing for re-election143,542200,020022,035365,597
Douglas T. TerresonIndependent · Audit and Finance · Human Resources and Compensation · Public Policy and Sustainability135,000200,020022,762357,782
Gregory J. HayesIndependent · Human Resources and Compensation · Nominating and Governance (Chair) · Public Policy and Sustainability · Executive355,27502,369357,644
Julie L. BushmanIndependent · Human Resources and Compensation (Chair) · Nominating and Governance · Public Policy and Sustainability · Executive150,000200,02003,733353,753
Grace PumaIndependent · Human Resources and Compensation · Public Policy and Sustainability · Partial-year service135,000200,020016,681351,701
Lisa A. DavisIndependent · Human Resources and Compensation · Public Policy and Sustainability135,000200,020016,261351,281
Denise R. SingletonIndependent · Human Resources and Compensation · Public Policy and Sustainability135,000200,02003,449338,469
Charles M. HolleyIndependent · Audit and Finance · Public Policy and Sustainability135,000200,0200335,020
Gary K. AdamsIndependent · Human Resources and Compensation · Public Policy and Sustainability · Departed during FY52,621200,020016,152268,793
John E. LoweIndependent · Audit and Finance (Chair) · Nominating and Governance · Public Policy and Sustainability · Departed during FY62,500200,0200262,520
Denise L. RamosIndependent · Audit and Finance · Nominating and Governance · Public Policy and Sustainability (Chair) · Departed during FY52,621200,02001,178253,819
Sigmund L. CorneliusIndependent · Audit and Finance · Public Policy and Sustainability · Partial-year service · Newly elected79,677118,876027,480226,033
A. Nigel HearneIndependent · Human Resources and Compensation · Public Policy and Sustainability · Partial-year service · Newly elected79,677118,87609,921208,474
Michael A. HeimIndependent · Audit and Finance · Public Policy and Sustainability · Partial-year service · Newly elected79,677118,87603,195201,748
Howard I. UngerleiderIndependent · Audit and Finance · Public Policy and Sustainability · Partial-year service · Newly elected00000
Mark E. LashierEmployee director · Board Chair · Public Policy and Sustainability · Executive (Chair)000000
Kevin O. MeyersIndependent · Audit and Finance · Public Policy and Sustainability · Partial-year service · Newly elected00000
09

Board fee structure and ownership guideline

Annual cash retainer$125,000
Annual equity retainer$200,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 25,000 / 20,000
Stock ownership guideline$1,000,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,715,315
Equity awards (grant-date value)$3,112,143
All other compensation$181,945
Total cost of the board$5,009,403

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Phillips 66 names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Phillips 66.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Valero Energy Corporation2025R. Lane Riggs$1,720,000$15,760,536$0$5,482,810$34,228,523
2General Motors Company2025Mary Barra2,100,00021,623,97004,956,00029,895,868
3Deere & Company2025John May1,694,50713,950,2394,255,1335,450,55127,925,424
4Ford Motor Company2025James Farley Jr.1,700,00018,868,30905,746,00027,519,558
5Archer-Daniels-Midland Company2025Juan Luciano1,492,50017,700,05502,826,79523,886,978
6ConocoPhillips Company2025Ryan Lance1,800,00016,543,43404,590,00023,450,085
7Phillips 662025Mark Lashier1,741,66716,185,20403,734,13423,113,403
8Targa Resources Corp.2025Matthew Meloy1,170,66716,275,9930021,470,708
93M Company2025William Brown1,800,0007,753,8527,001,2423,745,32221,005,009
10Honeywell International Inc.2025Vimal Kapur1,600,00010,866,2693,623,9143,516,80020,381,435
11Dow Inc.2025Jim Fitterling1,695,20011,910,6282,970,005533,98819,078,777
12Marathon Petroleum Corporation2025Maryann Mannen1,400,00013,391,32203,303,30019,016,261
13Occidental Petroleum Corporation2025Vicki Hollub1,596,78112,298,20703,200,00018,055,969
14Halliburton Company2025Jeffrey Miller1,700,0007,992,78205,944,83616,525,407
15LyondellBasell Industries N.V.2025Peter Vanacker1,486,53911,846,18401,708,50015,577,445
16HF Sinclair Corporation2025Timothy Go1,204,6159,977,38202,668,96814,278,553
17ONEOK, Inc.2025Pierce Norton II1,000,0008,771,2791,578,00012,003,335
18The Williams Companies, Inc.2025Chad Zamarin829,7885,999,96201,492,2558,682,793
19CVR Energy, Inc.2025David Lamp1,200,0001,678,68302,034,0008,602,449
20PBF Energy Inc.2025Matthew Lucey1,250,0005,767,000007,887,020
21Westlake Corporation2025Jean-Marc Gilson1,288,4623,000,205963,7991,089,6926,423,651
Delek US Holdings, Inc.not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Phillips 66134%PSU 70 · RSU 30Yes — Relative TSRMercer
3M Company118.9%PSU 50 · Options 50NoFW Cook
Archer-Daniels-Midland Company94.7%PSU 60 · RSU 40NoMeridian Compensation Partners, LLC
ConocoPhillips Companynot disclosednot disclosednot disclosednot disclosed
CVR Energy, Inc.113%RSU 100not disclosedNone (not engaged in 2025)
Deere & Company160.8%PSU 50 · RSU 25 · Options 25NoSemler Brossy Consulting Group, LLC (current); Pearl Meyer & Partners, LLC (prior year)
Delek US Holdings, Inc.not disclosednot disclosednot disclosednot disclosed
Dow Inc.not disclosedPSU 65 · Options 20 · RSU 15Yes — Relative TSRMercer
Ford Motor Company130%PSU 60 · RSU 40Yes — rTSR (relative Total Shareholder Return)Not explicitly named in CD&A
General Motors Companynot disclosednot disclosedYes — Relative TSRnot disclosed
Halliburton Companynot disclosedPSU 50 · Cash LTI 50Yes — Total Shareholder Return (TSR)not disclosed
HF Sinclair Corporationnot disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
Honeywell International Inc.126%PSU 50 · Options 25 · RSU 25Yes — three-year total shareowner return (TSR) relative to the 2025 Compensation Peer Groupnot disclosed
LyondellBasell Industries N.V.67%PSU 60 · RSU 40Yes — Relative TSRPearl Meyer
Marathon Petroleum Corporation143%not disclosedYes — Relative TSRFW Cook
Occidental Petroleum Corporation125%PSU 60 · RSU 40Yes — Total Shareholder Return (TSR)Meridian Compensation Partners, LLC
ONEOK, Inc.105.2%PSU 70 · RSU 30Yes — Total Shareholder Return (TSR)Meridian Compensation Partners
PBF Energy Inc.not disclosedRSU 40 · PSU 30 · Cash LTI 30Yes — Relative TSRPay Governance LLC
Targa Resources Corp.190%PSU 50 · RSU 50Yes — Relative TSR vs. Alerian US Midstream Index (AMUS)Meridian Compensation Partners
The Williams Companies, Inc.136%PSU 60 · RSU 40Yes — Relative TSRFW Cook
Valero Energy Corporation199.23%PSU 50 · RSU 50Yes — Relative TSRExequity LLP
Westlake Corporation111%PSU 34 · Options 33 · RSU 33Yes — Relative TSRWillis Towers Watson

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Mark LashierDEF 14A2026-04-020001534701-26-000010Section “Executive Compensation Tables” · page 76. As printed: 23,113,403. Filing ↗machine: t231 · r4 · c13 · span 1318456–1318466
2Section 01, Kevin MitchellDEF 14A2026-04-020001534701-26-000010Section “SUMMARY COMPENSATION TABLE”. As printed: 9,062,904. Filing ↗machine: t231 · r9 · c13 · span 1326886–1326895
3Section 01, Richard HarbisonDEF 14A2026-04-020001534701-26-000010Section “SUMMARY COMPENSATION TABLE”. As printed: 7,538,932. Filing ↗machine: t231 · r19 · c13 · span 1342803–1342812
4Section 01, Vanessa Allen SutherlandDEF 14A2026-04-020001534701-26-000010Section “SUMMARY COMPENSATION TABLE”. As printed: 6,775,803. Filing ↗machine: t231 · r24 · c13 · span 1350880–1350889
5Section 01, Brian MandellDEF 14A2026-04-020001534701-26-000010Section “SUMMARY COMPENSATION TABLE”. As printed: 6,389,504. Filing ↗machine: t231 · r14 · c13 · span 1334932–1334941
6Section 03, Mark Lashier RSUDEF 14A2026-04-020001534701-26-000010Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t237 · r4 · c16 · span 1411755–1411764
7Section 03, Brian Mandell PSUDEF 14A2026-04-020001534701-26-000010Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t237 · r11 · c16 · span 1432309–1432318
8Section 03, Kevin Mitchell PSUDEF 14A2026-04-020001534701-26-000010Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t237 · r8 · c16 · span 1423317–1423326
9Section 03, Mark Lashier PSUDEF 14A2026-04-020001534701-26-000010Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t237 · r5 · c16 · span 1414291–1414301
10Section 03, Kevin Mitchell RSUDEF 14A2026-04-020001534701-26-000010Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t237 · r7 · c16 · span 1420332–1420341
11Section 03, Richard Harbison RSUDEF 14A2026-04-020001534701-26-000010Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t237 · r13 · c16 · span 1438369–1438378
12Section 03, Richard Harbison PSUDEF 14A2026-04-020001534701-26-000010Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t237 · r14 · c16 · span 1441354–1441363
13Section 03, Vanessa Allen Sutherland RSUDEF 14A2026-04-020001534701-26-000010Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t237 · r16 · c16 · span 1447157–1447166
14Section 03, Brian Mandell RSUDEF 14A2026-04-020001534701-26-000010Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t237 · r10 · c16 · span 1429349–1429358
15Section 03, Vanessa Allen Sutherland PSUDEF 14A2026-04-020001534701-26-000010Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t237 · r17 · c16 · span 1450661–1450670
16Section 07, pay ratioDEF 14A2026-04-020001534701-26-000010Section “CEO Pay Ratio”. As printed: 145 : 1. Filing ↗machine: span 1700640–1700649
17Section 08, Glenn F. TiltonDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 401,749. Filing ↗machine: t155 · r16 · c7 · span 915505–915512
18Section 08, Robert W. PeaseDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 375,020. Filing ↗machine: t155 · r11 · c7 · span 907411–907418
19Section 08, Marna C. WhittingtonDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 365,597. Filing ↗machine: t155 · r17 · c7 · span 917387–917394
20Section 08, Douglas T. TerresonDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 357,782. Filing ↗machine: t155 · r15 · c7 · span 913884–913891
21Section 08, Gregory J. HayesDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 357,644. Filing ↗machine: t155 · r6 · c7 · span 899343–899350
22Section 08, Julie L. BushmanDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 353,753. Filing ↗machine: t155 · r3 · c7 · span 894489–894496
23Section 08, Grace PumaDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 351,701. Filing ↗machine: t155 · r12 · c7 · span 909016–909023
24Section 08, Lisa A. DavisDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 351,281. Filing ↗machine: t155 · r5 · c7 · span 897722–897729
25Section 08, Denise R. SingletonDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 338,469. Filing ↗machine: t155 · r14 · c7 · span 912259–912266
26Section 08, Charles M. HolleyDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 335,020. Filing ↗machine: t155 · r9 · c7 · span 904194–904201
27Section 08, Gary K. AdamsDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 268,793. Filing ↗machine: t155 · r2 · c7 · span 892839–892846
28Section 08, John E. LoweDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 262,520. Filing ↗machine: t155 · r10 · c7 · span 905801–905808
29Section 08, Denise L. RamosDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 253,819. Filing ↗machine: t155 · r13 · c7 · span 910635–910642
30Section 08, Sigmund L. CorneliusDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 226,033. Filing ↗machine: t155 · r4 · c7 · span 896103–896110
31Section 08, A. Nigel HearneDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 208,474. Filing ↗machine: t155 · r7 · c7 · span 900962–900969
32Section 08, Michael A. HeimDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 201,748. Filing ↗machine: t155 · r8 · c7 · span 902570–902577
33Section 08, Howard I. UngerleiderDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 0. Filing ↗
34Section 08, Mark E. LashierDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 0. Filing ↗
35Section 08, Kevin O. MeyersDEF 14A2026-04-020001534701-26-000010Section “Director Compensation”. As printed: 0. Filing ↗
36Section 02, Kevin O. Meyers 2026-05-06Form 42026-05-070001464559-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Kevin Mitchell 2026-05-08Form 42026-05-120001663211-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Kevin Mitchell 2026-05-08Form 42026-05-120001663211-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Kevin Mitchell 2026-05-08Form 42026-05-120001663211-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Kevin Mitchell 2026-05-08Form 42026-05-120001663211-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Kevin Mitchell 2026-05-08Form 42026-05-120001663211-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Kevin Mitchell 2026-05-08Form 42026-05-120001663211-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Kevin Mitchell 2026-05-08Form 42026-05-120001663211-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Kevin Mitchell 2026-05-08Form 42026-05-120001663211-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Kevin Mitchell 2026-07-09Form 42026-07-130001663211-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Kevin Mitchell 2026-07-09Form 42026-07-130001663211-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Kevin Mitchell 2026-07-09Form 42026-07-130001663211-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Vanessa Allen Sutherland 2026-07-20Form 42026-07-210001534701-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Vanessa Allen Sutherland 2026-07-20Form 42026-07-210001534701-26-000026Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Vanessa Allen Sutherland 2026-07-21Form 42026-07-210001772603-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
51Section 06, 2026 voteForm 8-K2026-05-140001193125-26-224232Item 5.07 · say-on-pay result. As reported: 95.82% (votes for as printed: 285,329,903). Filing ↗
52Section 06, 2025 voteForm 8-K2025-05-280001193125-25-129526Item 5.07 · say-on-pay result. As reported: 83.74% (votes for as printed: 254,968,960). Filing ↗
53Section 06, 2024 voteForm 8-K2024-05-170001534701-24-000113Item 5.07 · say-on-pay result. As reported: 92.71% (votes for as printed: 288,566,492). Filing ↗
54Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
55Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
56Section 09b board cost (computed)ComputedcomputedCash 1,715,315 + equity 3,112,143 + all other 181,945 = 5,009,403, summed across the director compensation table rows.machine: formula: Σ = 5,009,403
57Valero Energy Corporation, Section 10b CEO totalDEF 14ACEO total compensation as printed in Valero Energy Corporation's own proxy. As printed: 34,228,523.
58General Motors Company, Section 10b CEO totalDEF 14A2026-04-200001467858-26-000022CEO total compensation as printed in General Motors Company's own proxy. As printed: 29,895,868. Filing ↗machine: r2 · c8 · span 2619809–2619819
59Deere & Company, Section 10b CEO totalDEF 14A2026-01-140001104659-26-003618CEO total compensation as printed in Deere & Company's own proxy. As printed: 27,925,424. Filing ↗machine: t295 · r9 · c26 · span 5375554–5375564
60Ford Motor Company, Section 10b CEO totalDEF 14A2026-03-270001552781-26-000164CEO total compensation as printed in Ford Motor Company's own proxy. As printed: 27,519,558. Filing ↗machine: t347 · span 1299844–1299854
61Archer-Daniels-Midland Company, Section 10b CEO totalDEF 14A2026-03-260001193125-26-126218CEO total compensation as printed in Archer-Daniels-Midland Company's own proxy. As printed: 23,886,978. Filing ↗machine: r3 · c39 · span 1318435–1318445
62ConocoPhillips Company, Section 10b CEO totalDEF 14A2026-03-300001104659-26-036366CEO total compensation as printed in ConocoPhillips Company's own proxy. As printed: 23,450,085. Filing ↗machine: span 1829926–1829936
63Phillips 66 (subject), Section 10b CEO totalDEF 14A2026-04-020001534701-26-000010CEO total compensation as printed in Phillips 66's own proxy. As printed: 23,113,403. Filing ↗machine: t231 · r4 · c13 · span 1318456–1318466
64Targa Resources Corp., Section 10b CEO totalDEF 14A2026-03-260001193125-26-126280CEO total compensation as printed in Targa Resources Corp.'s own proxy. As printed: 21,470,708. Filing ↗machine: span 963425–963435
653M Company, Section 10b CEO totalDEF 14A2026-03-250000066740-26-000151CEO total compensation as printed in 3M Company's own proxy. As printed: 21,005,009. Filing ↗machine: r2 · c9 · span 2797692–2797702
66Honeywell International Inc., Section 10b CEO totalDEF 14A2026-04-100000773840-26-000029CEO total compensation as printed in Honeywell International Inc.'s own proxy. As printed: 20,381,435. Filing ↗machine: span 2093429–2093439
67Dow Inc., Section 10b CEO totalDEF 14A2026-02-270001193125-26-082583CEO total compensation as printed in Dow Inc.'s own proxy. As printed: 19,078,777. Filing ↗machine: t107 · r2 · c33 · span 2553990–2554000
68Marathon Petroleum Corporation, Section 10b CEO totalDEF 14A2026-03-160001510295-26-000023CEO total compensation as printed in Marathon Petroleum Corporation's own proxy. As printed: 19,016,261. Filing ↗machine: t228 · r3 · c8 · span 2936922–2936932
69Occidental Petroleum Corporation, Section 10b CEO totalDEF 14A2026-03-190001628280-26-019816CEO total compensation as printed in Occidental Petroleum Corporation's own proxy. As printed: 18,055,969. Filing ↗machine: r2 · c17 · span 2031997–2032007
70Halliburton Company, Section 10b CEO totalDEF 14A2026-03-310000045012-26-000033CEO total compensation as printed in Halliburton Company's own proxy. As printed: 16,525,407. Filing ↗machine: t159 · r2 · c18 · span 2610544–2610554
71LyondellBasell Industries N.V., Section 10b CEO totalDEF 14A2026-04-100001308179-26-000250CEO total compensation as printed in LyondellBasell Industries N.V.'s own proxy. As printed: 15,577,445. Filing ↗machine: t221 · r1 · c18 · span 929522–929532
72HF Sinclair Corporation, Section 10b CEO totalDEF 14A2026-03-310001193125-26-134743CEO total compensation as printed in HF Sinclair Corporation's own proxy. As printed: 14,278,553. Filing ↗machine: span 891119–891129
73ONEOK, Inc., Section 10b CEO totalDEF 14A2026-04-010001039684-26-000010CEO total compensation as printed in ONEOK, Inc.'s own proxy. As printed: 12,003,335. Filing ↗machine: t163 · r2 · c27 · span 1318193–1318203
74The Williams Companies, Inc., Section 10b CEO totalDEF 14A2026-03-180001193125-26-112643CEO total compensation as printed in The Williams Companies, Inc.'s own proxy. As printed: 8,682,793. Filing ↗machine: r5 · c17 · span 4189334–4189344
75CVR Energy, Inc., Section 10b CEO totalDEF 14A2026-04-210001376139-26-000022CEO total compensation as printed in CVR Energy, Inc.'s own proxy. As printed: 8,602,449. Filing ↗machine: span 526205–526214
76PBF Energy Inc., Section 10b CEO totalDEF 14A2026-03-170001140361-26-009843CEO total compensation as printed in PBF Energy Inc.'s own proxy. As printed: 7,887,020. Filing ↗machine: r2 · c27 · span 1240387–1240396
77Westlake Corporation, Section 10b CEO totalDEF 14A2026-04-020001193125-26-138974CEO total compensation as printed in Westlake Corporation's own proxy. As printed: 6,423,651. Filing ↗machine: t87 · r13 · c27 · span 304138–304147
78Section 10a, Honeywell International Inc. reciprocityDEF 14A0000773840-26-000029Honeywell International Inc. names Phillips 66 in its own disclosed peer group (read from its most recent proxy). Filing ↗
79Section 10a, Marathon Petroleum Corporation reciprocityDEF 14A0001510295-26-000023Marathon Petroleum Corporation's most recent proxy was read; its disclosed peer group does not include Phillips 66. Filing ↗
80Section 10a, Occidental Petroleum Corporation reciprocityDEF 14A0001628280-26-019816Occidental Petroleum Corporation names Phillips 66 in its own disclosed peer group (read from its most recent proxy). Filing ↗
81Section 10a, General Motors Company reciprocityDEF 14A0001467858-26-000022General Motors Company's most recent proxy was read; its disclosed peer group does not include Phillips 66. Filing ↗
82Section 10a, CVR Energy, Inc. reciprocityDEF 14A0001376139-26-000022CVR Energy, Inc.'s most recent proxy was read; its disclosed peer group does not include Phillips 66. Filing ↗
83Section 10a, 3M Company reciprocityDEF 14A0000066740-26-0001513M Company's most recent proxy was read; its disclosed peer group does not include Phillips 66. Filing ↗
84Section 10a, HF Sinclair Corporation reciprocityDEF 14A0001193125-26-134743HF Sinclair Corporation names Phillips 66 in its own disclosed peer group (read from its most recent proxy). Filing ↗
85Section 10a, Westlake Corporation reciprocityDEF 14A0001193125-26-138974Westlake Corporation's most recent proxy was read; its disclosed peer group does not include Phillips 66. Filing ↗
86Section 10a, PBF Energy Inc. reciprocityDEF 14A0001140361-26-009843PBF Energy Inc. names Phillips 66 in its own disclosed peer group (read from its most recent proxy). Filing ↗
87Section 10a, Deere & Company reciprocityDEF 14A0001104659-26-003618Deere & Company's most recent proxy was read; its disclosed peer group does not include Phillips 66. Filing ↗
88Section 10a, Ford Motor Company reciprocityDEF 14A0001552781-26-000164Ford Motor Company's most recent proxy was read; its disclosed peer group does not include Phillips 66. Filing ↗
89Section 10a, Targa Resources Corp. reciprocityDEF 14A0001193125-26-126280Targa Resources Corp.'s most recent proxy was read; its disclosed peer group does not include Phillips 66. Filing ↗
90Section 10a, ONEOK, Inc. reciprocityDEF 14A0001039684-26-000010ONEOK, Inc. names Phillips 66 in its own disclosed peer group (read from its most recent proxy). Filing ↗
91Section 10a, The Williams Companies, Inc. reciprocityDEF 14A0001193125-26-112643The Williams Companies, Inc. names Phillips 66 in its own disclosed peer group (read from its most recent proxy). Filing ↗
92Section 10a, ConocoPhillips Company reciprocityDEF 14A0001104659-26-036366ConocoPhillips Company's most recent proxy was read; its disclosed peer group does not include Phillips 66. Filing ↗
93Section 10a, Halliburton Company reciprocityDEF 14A0000045012-26-000033Halliburton Company's most recent proxy was read; its disclosed peer group does not include Phillips 66. Filing ↗
94Section 10a, Valero Energy Corporation reciprocityDEF 14A0001628280-26-019806Valero Energy Corporation names Phillips 66 in its own disclosed peer group (read from its most recent proxy). Filing ↗