---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-124014"
form_type: "8-K"
ticker: "PSX"
cik: "0001534701"
company_name: "Phillips 66"
filed_at: "2025-05-21T23:59:59+00:00"
generated_at: "2026-05-20T22:28:30.468050+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Phillips 66 shareholders elect two company nominees and two Elliott nominees; board declassification fails

## Summary
- Robert W. Pease and Nigel Hearne elected as Phillips 66 nominees; John E. Lowe and Howard Ungerleider not re-elected.
- Elliott nominees Sigmund L. Cornelius and Michael A. Heim elected to the board.
- Proposal to declassify the board received significant support but failed to achieve required 80% vote.
- Shareholders overwhelmingly rejected Elliott's annual director resignation proposal as recommended by the board.
- Preliminary results await final certification by the independent Inspector of Election.

## SEC filing metadata
- accession: 0001193125-25-124014
- form_type: 8-K
- ticker: PSX
- cik: 0001534701
- company_name: Phillips 66
- filed_at: 2025-05-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534701/000119312525124014/0001193125-25-124014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534701/000119312525124014/d920674d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-124014
- JSON: https://secwatch.observer/filing/0001193125-25-124014.json
- Plain text: https://secwatch.observer/filing/0001193125-25-124014.txt

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