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ConocoPhillips (NYSE: COP) executive plans $1.3M stock sale

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(Neutral)
Form Type
144

Rhea-AI Filing Summary

CONOCOPHILLIPS (COP) received a Rule 144 notice that officer Andrew D. Lundquist, acting through Fidelity Brokerage Services LLC as broker, plans to sell up to 9,487 shares of ConocoPhillips common stock on the NYSE on or before 08/21/2026. The shares derive from restricted stock vesting awards received as compensation in February 2023 and February 2024.

Positive

  • None.

Negative

  • None.
Shares proposed to be sold 9,487 shares Common stock under Rule 144 notice for Andrew D. Lundquist
Aggregate market value of shares $1,282,171.84 Value associated with the 9,487 COP shares covered by the notice
Restricted stock vesting award 1 3,584 shares Vesting on 02/19/2023 as compensation from the issuer
Restricted stock vesting award 2 5,903 shares Vesting on 02/09/2024 as compensation from the issuer
Sale deadline 08/21/2026 Date associated with the proposed sale of COP common shares
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 02/19/2023 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Andrew Lundquist"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does the Form 144 filing for COP disclose about Andrew D. Lundquist?

The filing states that officer Andrew D. Lundquist has notified of an intent to sell up to 9,487 shares of CONOCOPHILLIPS (COP) common stock under Rule 144, using Fidelity Brokerage Services LLC as broker.

How many COP shares are covered by this Rule 144 notice?

The notice covers up to 9,487 shares of CONOCOPHILLIPS common stock, with an indicated aggregate market value of $1,282,171.84 for the proposed sale.

By when might the COP shares in this Form 144 be sold?

The proposed sale of up to 9,487 COP shares may occur on or before 08/21/2026, which is the date stated in the securities information section of the notice.

What is the origin of the COP shares Andrew D. Lundquist may sell?

The shares come from restricted stock vesting awards received as compensation from CONOCOPHILLIPS, including 3,584 shares vesting on 02/19/2023 and 5,903 shares vesting on 02/09/2024.

Which broker is handling the potential sale of COP shares in this Form 144?

The notice identifies Fidelity Brokerage Services LLC, located in Smithfield, Rhode Island, as the broker for the potential sale of up to 9,487 CONOCOPHILLIPS common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature