ConocoPhillips SVP reports 3 stock unit grants
Senior Vice President Dao Khoa M reports multiple stock unit holdings in ConocoPhillips common stock on a 1-for-1 basis.
Rhea-AI Filing Summary
CONOCOPHILLIPS (COP) reported an initial statement of beneficial ownership for Senior Vice President Dao Khoa M. The filing lists three direct holdings of stock units tied to ConocoPhillips common stock on a 1-for-1 basis, covering 2,671.488, 3,847.998, and 3,876.717 underlying shares. These stock unit grants settle three years from their grant dates, with potential earlier settlement upon certain termination events or a change of control, and they do not have an expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Dao Khoa M
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Units F3, F1, F2 | -- | -- | -- |
| holding | Stock Units F3, F1, F2 | -- | -- | -- |
| holding | Stock Units F3, F1, F2 | -- | -- | -- |
Holdings After Transaction:
Stock Units — 10,396.203 contracts (Direct)
Footnotes (3)
- F1. The stock unit grant settles 3 years from date of grant, but may be eligible for full or partial early settlement upon termination of employment after attainment of age 55 with five years of service, layoff, death or disability, or a change of control.
- F2. The stock units do not have an expiration date.
- F3. The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
Key Figures
Underlying shares from stock units grant 1: 2,671.488 shares
Underlying shares from stock units grant 2: 3,847.998 shares
Underlying shares from stock units grant 3: 3,876.717 shares
+2 more
5 metrics
Underlying shares from stock units grant 1
2,671.488 shares
Underlying ConocoPhillips common stock represented by first stock unit holding
Underlying shares from stock units grant 2
3,847.998 shares
Underlying ConocoPhillips common stock represented by second stock unit holding
Underlying shares from stock units grant 3
3,876.717 shares
Underlying ConocoPhillips common stock represented by third stock unit holding
Settlement period
3 years
Each stock unit grant settles three years from its grant date
Conversion ratio
1-for-1
Stock units represent ConocoPhillips common stock on a 1-for-1 basis
Key Terms
Stock Units, change of control, beneficial ownership
3 terms
Stock Units financial
"The stock units represent ConocoPhillips common stock on a 1-for-1 basis."
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
change of control regulatory
"eligible for early settlement upon ... disability, or a change of control."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
beneficial ownership financial
"reported an initial statement of beneficial ownership for Senior Vice President"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did ConocoPhillips (COP) disclose about Dao Khoa M in this Form 3?
ConocoPhillips disclosed an initial statement of beneficial ownership for Senior Vice President Dao Khoa M, listing three direct holdings of stock units that each represent ConocoPhillips common stock on a 1-for-1 basis.
What stock unit positions does Dao Khoa M hold in COP according to this filing?
The filing lists three stock unit positions for Dao Khoa M, representing underlying common stock of 2,671.488, 3,847.998, and 3,876.717 shares, all held directly.
How do the stock units reported for Dao Khoa M in COP convert to common stock?
The stock units reported for Dao Khoa M represent ConocoPhillips common stock on a 1-for-1 basis, meaning each stock unit corresponds to one share of ConocoPhillips common stock.
When do Dao Khoa M’s ConocoPhillips stock units settle?
Each stock unit grant settles 3 years from its grant date, and may be eligible for full or partial early settlement upon qualifying termination after age 55 with five years of service, layoff, death or disability, or a change of control.
Do the ConocoPhillips stock units held by Dao Khoa M have an expiration date?
No. The filing states that the stock units do not have an expiration date, although they have a scheduled settlement date three years from grant and may settle earlier under specified conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
