ConocoPhillips SVP exercises options, sells 34,500 shares
ConocoPhillips Senior Vice President Andrew D. Lundquist exercised stock options and sold the resulting shares.
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Rhea-AI Filing Summary
ConocoPhillips Senior Vice President Andrew D. Lundquist exercised stock options and sold the resulting shares. On the same date, he exercised options for 34,500 shares of common stock at an exercise price of $49.755 per share and received 34,500 shares.
He then sold 34,500 shares of ConocoPhillips common stock in an open-market transaction at $119.68 per share, leaving him with 17,469 shares of common stock held directly after the transactions. This filing reflects an option exercise followed by a full sale of the acquired shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 34,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 34,500 | $49.755 | $1.72M |
| Sale | Common Stock | 34,500 | $119.68 | $4.13M |
FAQ
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What insider transaction did ConocoPhillips (COP) executive Andrew Lundquist report?
What type of transactions does the ConocoPhillips (COP) Form 4 for Andrew Lundquist show?
AI-generated analysis. How Rhea-AI works. Not financial advice.