# EDGAR Filing Document

**Accession Number:** 0001534701
**File Stem:** 0001193125-25-174520
**Filing Date:** 2025-8
**Character Count:** 5583
**Document Hash:** a03fe7638b2541dbb840e78c249e7159
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-174520.hdr.sgml**: 20250806

**ACCESSION NUMBER**: 0001193125-25-174520

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20250730

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20250806

**DATE AS OF CHANGE**: 20250806

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Phillips 66
- **CENTRAL INDEX KEY:** 0001534701
- **STANDARD INDUSTRIAL CLASSIFICATION:** PETROLEUM REFINING [2911]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 453779385
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35349
- **FILM NUMBER:** 251190216

**BUSINESS ADDRESS:**
- **STREET 1:** 2331 CITYWEST BLVD.
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77042
- **BUSINESS PHONE:** 832-765-3010

**MAIL ADDRESS:**
- **STREET 1:** 2331 CITYWEST BLVD.
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77042

?xml version='1.0' encoding='ASCII'? 8-K

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

### FORM 8-K

#### CURRENT REPORT

#### Pursuant to Section 13 OR 15(d)

#### of The Securities Exchange Act of 1934

#### July 30, 2025

#### Date of Report (Date of earliest event reported)

## Phillips 66

#### (Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-35349** | **45-3779385** |
| **(State or other jurisdiction<br>of incorporation)** | **(Commission<br>File Number)** | **(I.R.S. Employer<br>Identification No.)** |

---

#### 2331 CityWest Boulevard

#### Houston, Texas 77042

#### (Address of Principal Executive Offices and Zip Code)
(832) 765-3010

#### Registrant's telephone number, including area code

#### Not Applicable

#### (Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading<br>Symbol(s)** | **Name of each exchange<br>on which registered** |
| Common stock, $0.01 par value | PSX | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

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| | |
|:---|:---|
| **Item 8.01** | **Other Events.**  |

---

On July 30, 2025, the Superior Court of the State of California, Alameda County (the "Court"), issued an order regarding exemplary damages in the previously reported lawsuit brought by Propel Fuels Inc. ("Propel Fuels"). After considering Propel Fuels' request for exemplary damages in the amount of $1.2 billion, the Court ordered Phillips 66 Company, a wholly owned subsidiary of Phillips 66 (the "Company"), to pay Propel Fuels $195 million in exemplary damages, plus pre- and post-judgment interest. These amounts are in addition to the previously reported $604.9 million in compensatory damages that was awarded as part of the jury's verdict on October 16, 2024.

Phillips 66 Company denies any wrongdoing and intends to vigorously defend its position. Although Phillips 66 Company believes the jury verdict and award of exemplary damages are not legally or factually supported and intends to pursue post-judgment remedies and to file an appeal, there can be no assurances that such efforts will be successful.

*Cautionary Statement Regarding Forward-Looking Statements* 

This Current Report on Form 8-K contains forward-looking statements within the meaning of the federal securities laws regarding the above-mentioned lawsuit. Words such as "expect," "intend," "believe" and similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. Factors that could cause actual results or events to differ materially from those described in these forward-looking statements include those that are set forth in the Company's filings with the Securities and Exchange Commission, as well as other factors that are beyond the Company's control. The Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.

------

#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  |  | **Phillips 66** |
| Dated: August 6, 2025 | By: | /s/ Vanessa A. Sutherland |
|  |  | Vanessa A. Sutherland<br> Executive Vice President |

---