Google is now rolling out February security patch to the Pixel phones. The update weighs about 135.7MB on Pixel 3 XL and is available via OTA. In case you don’t get the OTA, you can update your phone from the device’s setting.

Anyways, you can even update your Pixel 3, Pixel 3 XL, Pixel 2, Pixel 2 XL, Pixel, Pixel XL and the Pixel C. The update will squash the security bug and brings no Pixel specific changes to the phones.
If you own a Pixel Phone, you can navigate into settings for the update. The update is rolling out in phases, and it may take some time for it to arrive on your phone.