{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-142482","form_type":"8-K","ticker":"PSX","cik":"0001534701","company_name":"Phillips 66","filed_at":"2022-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.112457+00:00","generated_at":"2026-06-25T23:38:45.807548+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Phillips 66 EVP Refining retires; settles $3.2B exchange of PSXP notes for parent-issued notes","bullets":["Robert A. Herman, EVP Refining, to retire effective June 1, 2022.","Settled exchange offers for ~$3.22B in aggregate principal of PSXP old notes; $3.2M cash paid.","Issued new senior notes across 7 series (2024-2046) totaling ~$3.22B, fully guaranteed by Phillips 66.","Remaining PSXP notes (~$255M) outstanding under amended indentures with reduced covenants.","Registration rights agreement requires registered exchange within 365 days or up to 1% p.a. additional interest."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-142482","json":"https://secwatch.observer/filing/0001193125-22-142482.json","markdown":"https://secwatch.observer/filing/0001193125-22-142482.md","text":"https://secwatch.observer/filing/0001193125-22-142482.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534701/000119312522142482/0001193125-22-142482-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534701/000119312522142482/d332444d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T23:38:45.807548+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"93dd918ff4","claim":"Robert A. Herman departed as Executive Vice President, Refining at Phillips 66.","evidence_excerpt":"On May 5, 2022, Robert A. Herman, Executive Vice President, Refining of Phillips 66, a Delaware corporation (“Phillips 66”), provided notice to Phillips 66 that he intends to retire from Phillips 66 effective June 1, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1534701/000119312522142482/0001193125-22-142482-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Executive Vice President, Refining"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}