---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-301888"
form_type: "8-K"
ticker: "PSX"
cik: "0001534701"
company_name: "Phillips 66"
filed_at: "2022-12-09T23:59:59+00:00"
generated_at: "2026-06-21T06:46:57.874333+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Phillips 66 amends by-laws to update stockholder nomination procedures for universal proxy rules

## Summary
- Updates advance notice provisions for director nominations and other business to comply with SEC Rule 14a-19 (Universal Proxy Rules).
- Requires additional disclosures from nominating stockholders, including intent to solicit proxies and compliance confirmation.
- Reserves white proxy card for Board use; plurality vote standard for contested elections.
- Adopts conforming changes to Delaware corporate law, including virtual meeting adjournment and eliminating stockholder list requirement.

## SEC filing metadata
- accession: 0001193125-22-301888
- form_type: 8-K
- ticker: PSX
- cik: 0001534701
- company_name: Phillips 66
- filed_at: 2022-12-09T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534701/000119312522301888/0001193125-22-301888-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534701/000119312522301888/d435494d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-301888
- JSON: https://secwatch.observer/filing/0001193125-22-301888.json
- Plain text: https://secwatch.observer/filing/0001193125-22-301888.txt

## Key facts
- Governance Changes
  Phillips 66: On December 9, 2022, the Board approved and adopted Amended and Restated By-laws, effective immediately, which update and expand advance notice provisions to reflect Universal Proxy Rules, reserve a white proxy card for Board use, clarify plurality voting in contested elections, update meeting proce (effective 2022-12-09).
  - Change: bylaw amendment
  - Effective: 2022-12-09
  source text: On December 9, 2022, the Board of Directors (the “Board”) of Phillips 66 (the “Company”) approved and adopted Amended and Restated By-laws of the Company (as so amended and restated, the “By-laws”), which took effect immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534701/000119312522301888/0001193125-22-301888-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.