--- schema_version: "secwatch.filing_event.v1" accession: "0001534701-24-000113" form_type: "8-K" ticker: "PSX" cik: "0001534701" company_name: "Phillips 66" filed_at: "2024-05-17T23:59:59+00:00" generated_at: "2026-06-01T15:35:34.253029+00:00" event_type: "other" sentiment: "neutral" materiality_score: 0.2 calibrated_materiality_score: 0.15 confidence: "high" source: SEC EDGAR --- # Phillips 66 shareholders elect four Class III directors and approve advisory compensation ## Summary - Directors Julie L. Bushman, Lisa A. Davis, Mark E. Lashier, Douglas T. Terreson elected with over 89% of votes cast. - Advisory vote on executive compensation approved with 93% of votes cast in favor. - Ratification of Ernst & Young as independent auditor for 2024 approved with 98.6% of votes cast. - Shareholder proposal on System Change Scenario for Chemicals business failed with 88% of votes cast against. - Over 424 million shares outstanding and entitled to vote as of March 20, 2024 record date. ## SEC filing metadata - accession: 0001534701-24-000113 - form_type: 8-K - ticker: PSX - cik: 0001534701 - company_name: Phillips 66 - filed_at: 2024-05-17T23:59:59+00:00 - event_type: other - sentiment: neutral - materiality_score: 0.2 - calibrated_materiality_score: 0.15 - confidence: high - sec_items: 5.07 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1534701/000153470124000113/0001534701-24-000113-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534701/000153470124000113/psx-20240515.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001534701-24-000113 - JSON: https://secwatch.observer/filing/0001534701-24-000113.json - Plain text: https://secwatch.observer/filing/0001534701-24-000113.txt ## Source-grounded claims - claim_id: 1400e039741dccfa031a6a2f65160598b2c26335 claim: Phillips 66 shareholders approved Election of Lisa A. Davis as Class III director at the 2024-05-15 meeting. evidence_excerpt: Davis 279,747,731 30,209,350 1,301,309 59,418,965 Mark E. Lashier 280,350,593 29,626,149 1,281,648 59,418,965 Douglas T. evidence_url: https://www.sec.gov/Archives/edgar/data/1534701/000153470124000113/0001534701-24-000113-index.htm - claim_id: 4063878e377521cea615fec907146b80a9f5a448 claim: Phillips 66 shareholders approved Election of Julie L. Bushman as Class III director at the 2024-05-15 meeting. evidence_excerpt: Bushman 284,074,332 25,850,333 1,333,725 59,418,965 Lisa A. Davis 279,747,731 30,209,350 1,301,309 59,418,965 Mark E. evidence_url: https://www.sec.gov/Archives/edgar/data/1534701/000153470124000113/0001534701-24-000113-index.htm - claim_id: 491af314061cb97aaba360d25919c8526cbe7b4e claim: Phillips 66 shareholders approved Advisory vote to approve executive compensation at the 2024-05-15 meeting. evidence_excerpt: Proposal to approve, on an advisory basis, executive compensation. The shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers, by the following votes: Voted For Voted Against Abstentions Broker Non-Votes 288,566,492 20,573,008 2,118,890 59,418,965 evidence_url: https://www.sec.gov/Archives/edgar/data/1534701/000153470124000113/0001534701-24-000113-index.htm - claim_id: 6e887d300ba8f85674355083a373e3b93baebe0c claim: Phillips 66 shareholders approved Election of Douglas T. Terreson as Class III director at the 2024-05-15 meeting. evidence_excerpt: Terreson 288,129,833 21,775,054 1,353,503 59,418,965 2. Proposal to approve, on an advisory basis, executive compensation. evidence_url: https://www.sec.gov/Archives/edgar/data/1534701/000153470124000113/0001534701-24-000113-index.htm - claim_id: 918357ae484dc0f4c6121c99943a590d3a89afce claim: Phillips 66 shareholders rejected Shareholder proposal requesting a report analyzing the impact of the System Change Scenario on the Chemicals business at the 2024-05-15 meeting. evidence_excerpt: Shareholder proposal requesting a report analyzing the impact of the System Change Scenario on the Chemicals business. The shareholder proposal requesting a report analyzing the impact of the System Change Scenario on the Chemicals business was not approved, based on the following votes: Voted For Voted Against Abstentions Broker Non-Votes 36,181,887 271,765,922 3,310,581 59,418,965 evidence_url: https://www.sec.gov/Archives/edgar/data/1534701/000153470124000113/0001534701-24-000113-index.htm - claim_id: 94737d6d35dcb033f6796f9e4f1b455dc8d6e8a3 claim: Phillips 66 shareholders approved Election of Mark E. Lashier as Class III director at the 2024-05-15 meeting. evidence_excerpt: Lashier 280,350,593 29,626,149 1,281,648 59,418,965 Douglas T. Terreson 288,129,833 21,775,054 1,353,503 59,418,965 2. evidence_url: https://www.sec.gov/Archives/edgar/data/1534701/000153470124000113/0001534701-24-000113-index.htm - claim_id: f76baa0e343a9f0efb1cf564867e2f462748559c claim: Phillips 66 shareholders approved Ratify appointment of Ernst & Young LLP as independent auditor at the 2024-05-15 meeting. evidence_excerpt: Proposal to ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm. The shareholders approved the ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2024, by the following votes: Voted For Voted Against Abstentions 365,557,145 4,253,214 866,996 evidence_url: https://www.sec.gov/Archives/edgar/data/1534701/000153470124000113/0001534701-24-000113-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.