ConocoPhillips (NYSE: COP) officer sets up 15,000-share compensation sale
Rhea-AI Filing Summary
CONOCOPHILLIPS (COP) received a notice of proposed sale under Rule 144 for up to 15,000 common shares to be sold through Goldman Sachs & Co. LLC for the account of officer Kelly Rose. The shares relate to stock received as compensation via restricted stock units granted in 2023 and 2025.
Positive
- None.
Negative
- None.
Key Figures
Proposed shares to be sold: 15,000 common shares
RSU compensation grant 2023: 9,853 common shares
RSU compensation grant 2025: 5,147 common shares
+1 more
4 metrics
Proposed shares to be sold
15,000 common shares
Common shares of ConocoPhillips to be sold under Rule 144
RSU compensation grant 2023
9,853 common shares
Acquired as compensation via Restricted Stock Units on 02/19/2023
RSU compensation grant 2025
5,147 common shares
Acquired as compensation via Restricted Stock Units on 02/08/2025
Issuer phone number
1-281-293-1000
Contact phone number for ConocoPhillips
Key Terms
Rule 144, Restricted Stock Units, person for whose account the securities are to be sold
3 terms
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 Units financial
"Acquired as compensation -- Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
person for whose account the securities are to be sold regulatory
"Name of Person for Whose Account the Securities are To Be Sold"
FAQ
What does this Form 144 filing mean for CONOCOPHILLIPS (COP)?
It gives notice that up to 15,000 common shares of ConocoPhillips may be sold under Rule 144 for the account of officer Kelly Rose through Goldman Sachs & Co. LLC. It is a proposed sale notice, not a confirmation that sales have occurred.
AI-generated analysis. How Rhea-AI works. Not financial advice.