{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-174520","form_type":"8-K","ticker":"PSX","cik":"0001534701","company_name":"Phillips 66","filed_at":"2025-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.261207+00:00","generated_at":"2026-05-17T19:23:03.633333+00:00","sec_items":["8.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Court orders Phillips 66 to pay $195M exemplary damages; total $799.9M in Propel Fuels suit","bullets":["Superior Court of California issued order for $195M in exemplary damages plus pre- and post-judgment interest against Phillips 66 Company subsidiary.","Total damages now $799.9M including $604.9M compensatory damages from October 2024 jury verdict.","Phillips 66 denies wrongdoing and intends to vigorously appeal and pursue post-judgment remedies.","There can be no assurances that post-judgment or appeal efforts will be successful."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-174520","json":"https://secwatch.observer/filing/0001193125-25-174520.json","markdown":"https://secwatch.observer/filing/0001193125-25-174520.md","text":"https://secwatch.observer/filing/0001193125-25-174520.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1534701/000119312525174520/0001193125-25-174520-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1534701/000119312525174520/d81574d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T19:23:03.633333+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"}