ConocoPhillips Form 4: Insider Acquisition of Deferred Stock Units
Rhea-AI Filing Summary
ConocoPhillips (COP) Form 4 filing: Director Nelda J. Connors reported one transaction dated 07/31/2025. She acquired (code “A”) 115 deferred stock units at an indicated reference price of $96.025 each. Deferred stock units convert to common shares on a 1-for-1 basis.
Following the grant, Connors’ aggregate holding in the director deferred stock account totals 4,072.2584 units, which includes dividend-equivalent units disclosed as routine under Rule 16a-11. The grant will be paid out in a lump sum six months after she separates from service unless she elects a different deferral schedule.
No derivative dispositions, open-market sales, or cash exercises were reported. Ownership remains direct. The filing contains no financial results or company guidance and is strictly an insider ownership disclosure.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine director stock-unit grant; neutral impact on COP shares.
The 115-unit grant (~US$11k) is standard board compensation and immaterial to ConocoPhillips’ $150 bn market cap. Because it neither signals aggressive buying nor selling, market impact should be negligible. Deferred structure aligns director incentives with shareholders but does not meaningfully alter insider ownership trends.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 115 | $96.025 | $11K |
Footnotes (1)
- The stock units convert to ConocoPhillips common stock on a 1-for-1 basis. The reporting person has elected to receive payment as a lump sum six months following separation from service, which election may be changed by the reporting person to provide for an alternative schedule of deferred payments. Includes dividend equivalent units acquired through routine transactions that are exempt under rule 16a-11.