Phillips 66 Announces 2025 Shareholder Meeting Details
Ticker: PSX · Form: DEFA14A · Filed: 2025-03-26T00:00:00.000Z
Sentiment: neutral
Topics: proxy-statement, annual-meeting, shareholder-relations
Related Tickers: PSX
TL;DR
PSX proxy filing out - check the new shareholder meeting website for details.
AI Summary
Phillips 66 filed a DEFA14A on March 26, 2025, announcing its 2025 Annual Meeting of Shareholders. The company launched a dedicated website, https://www.phillips66delivers.com/, to provide information and materials related to the meeting. This filing is a solicitation of proxies for the upcoming shareholder vote.
Why It Matters
This filing provides shareholders with crucial information and access to materials for the upcoming annual meeting, enabling them to exercise their voting rights.
Risk Assessment
Risk Level: low — This is a standard proxy filing for an annual shareholder meeting, not indicating any unusual financial or operational risks.
Key Players & Entities
- Phillips 66 (company) — Registrant and subject of the filing
- 2025 Annual Meeting of Shareholders (event) — The subject of the proxy statement
- https://www.phillips66delivers.com/ (url) — Website launched for the annual meeting
FAQ
What is the purpose of this DEFA14A filing?
The purpose of this DEFA14A filing is to solicit proxies from Phillips 66 shareholders in connection with the company's 2025 Annual Meeting of Shareholders.
When did Phillips 66 launch its website for the annual meeting?
Phillips 66 launched its website for the 2025 Annual Meeting of Shareholders on March 26, 2025.
What is the URL for the Phillips 66 shareholder meeting website?
The URL for the Phillips 66 shareholder meeting website is https://www.phillips66delivers.com/.
Is this filing a preliminary or definitive proxy statement?
This filing is a definitive proxy statement, as indicated by the checkmark next to 'Definitive Proxy Statement' and 'Soliciting Material under §240.14a-12'.
What is the company's SIC code?
The Standard Industrial Classification (SIC) code for Phillips 66 is 2911, which corresponds to Petroleum Refining.
From the Filing
0001193125-25-064161.txt : 20250326 0001193125-25-064161.hdr.sgml : 20250326 20250326170731 ACCESSION NUMBER: 0001193125-25-064161 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 83 FILED AS OF DATE: 20250326 DATE AS OF CHANGE: 20250326 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Phillips 66 CENTRAL INDEX KEY: 0001534701 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 453779385 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-35349 FILM NUMBER: 25774211 BUSINESS ADDRESS: STREET 1: 2331 CITYWEST BLVD. CITY: HOUSTON STATE: TX ZIP: 77042 BUSINESS PHONE: 832-765-3010 MAIL ADDRESS: STREET 1: 2331 CITYWEST BLVD. CITY: HOUSTON STATE: TX ZIP: 77042 DEFA14A 1 d943381ddefa14a.htm DEFA14A DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☑ Filed by a party other than the Registrant ☐ CHECK THE APPROPRIATE BOX: ☐ Preliminary Proxy Statement ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☐ Definitive Proxy Statement ☐ Definitive Additional Materials ☑ Soliciting Material under §240.14a-12 Phillips 66 (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) PAYMENT OF FILING FEE (CHECK ALL BOXES THAT APPLY): ☑ No fee required ☐ Fee paid previously with preliminary materials ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 On March 26, 2025, Phillips 66 launched a website in connection with Phillips 66’s 2025 Annual Meeting of Shareholders. The website can be found at https://www.phillips66delivers.com/. A copy of the materials can be found below. -1- -2- -3- -44- -45- -46- -47- -48- -49- -50- -51- -52- -53- -54- -55- -56- -57- -58- -59- -60- -61- -62- -63- -64- -65- 37,08.75 -66- -67- -68- -69- -70- -71- -72- -73- -74- -75- -76- On March 26, 2025, Phillips 66 released a press release regarding the filing of Phillips 66’s preliminary proxy statement. A copy of the press release can be found below. NEWS RELEASE Phillips 66 Files Preliminary Proxy Statement for 2025 Annual Meeting HOUSTON, March 26, 2025 — Phillips 66 (NYSE: PSX) today announced that it has filed its preliminary proxy materials with the U.S. Securities and Exchange Commission in connection with its upcoming 2025 Annual Meeting of Shareholders. In today’s filing, the Phillips 66 Board of Directors: • Announces the nomination of two new candidates bringing critical financial and operational capabilities to the Board: A. Nigel Hearne, a 35-year veteran of the energy industry with direct refining operations leadership, bringing deep downstream and integration expertise; and Howard I. Ungerleider, a highly strategic former President and Chief Financial Officer with extensive chemicals experience. • Nominates John E. Lowe and Robert “Bob” W. Pease as directors: Lowe, a strategic leader with more than 40 years of leadership in midstream, refining and chemicals businesses; and Pease, a director identified in partnership with Elliott Investment Management (“Elliott”), whose expertise in refining operations strengthens the Board’s oversight of efficiency improvements and strategic execution. • Announces it again intends to seek shareholder approval of a management proposal to approve the declassification of the Board at the 2025 Annual Meeting, a proposal that the Company has previously put forth five times over the past decade. • Reiterates unanimous support for the Company’s strategy to drive compelling, consistent returns for shareholders through operational excellence and effectiv