{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-129526","form_type":"8-K","ticker":"PSX","cik":"0001534701","company_name":"Phillips 66","filed_at":"2025-05-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.669557+00:00","generated_at":"2026-05-20T07:58:22.399365+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Hearne, Pease, Cornelius, Heim elected to Phillips 66 board; declassification proposal rejected","bullets":["Four Class I directors elected: Hearne (mgmt), Pease (mgmt), Cornelius (Elliott), Heim (Elliott).","Management nominees Lowe and Ungerleider failed; Elliott nominees Coffman and Nieuwoudt also failed.","Board declassification amendment rejected: 295M For, 7M Against (needed supermajority).","Say-on-pay approved with ~85% support; one-year frequency for future advisory votes approved.","Non-binding shareholder proposal for annual director resignations rejected: 99.5M For vs 202.7M Against."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-129526","json":"https://secwatch.observer/filing/0001193125-25-129526.json","markdown":"https://secwatch.observer/filing/0001193125-25-129526.md","text":"https://secwatch.observer/filing/0001193125-25-129526.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534701/000119312525129526/0001193125-25-129526-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534701/000119312525129526/d71836d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T07:58:22.399365+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}