ConocoPhillips VP reports 3 stock unit holdings
ConocoPhillips’ Vice President & Controller discloses initial holdings of stock units and indirect common shares tied to COP stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
CONOCOPHILLIPS (COP) officer Greig Patterson, Vice President & Controller, reports initial equity holdings on a Form 3. The filing lists three direct holdings of stock units convertible into 1,736, 2,296.351 and 2,243.556 shares of ConocoPhillips common stock on a 1-for-1 basis, plus 50.5 common shares held indirectly through a UK Share Incentive Plan. The stock unit grants generally settle three years from grant, may be eligible for earlier settlement upon specified termination events, and do not have an expiration date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Units F4, F2, F3 | -- | -- | -- |
| holding | Stock Units F4, F2, F3 | -- | -- | -- |
| holding | Stock Units F4, F2, F3 | -- | -- | -- |
| holding | Common Stock F1 | -- | -- | -- |
Footnotes (4)
- F1. Includes units acquired through routine dividend transactions that are exempt under rule 16a-11 and through a qualified plan that are exempt under rule 16b-3.
- F2. 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.
- F3. The stock units do not have an expiration date.
- F4. The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
Key Figures
Key Terms
Stock Units financial
qualified plan financial
change of control financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 for COP disclose about Greig Patterson’s role?
What stock unit holdings tied to COP common stock are reported on this Form 3?
How do the reported stock units relate to COP common stock?
When do the COP stock unit grants reported on this Form 3 settle?
Do the COP stock units reported on this Form 3 expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.