ConocoPhillips (NYSE: COP) SVP exercises options, sells 34,500 shares

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

LUNDQUIST ANDREW D

(Last) (First) (Middle)

16930 PARK ROW DR.

(Street)

HOUSTON TX 77084

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CONOCOPHILLIPS [ COP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/13/2026		M		34,500	A	$49.755	51,969	D
Common Stock	03/13/2026		S		34,500	D	$119.68	17,469	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	$49.755	03/13/2026		M			34,500	02/14/2020	02/14/2027	Common Stock	34,500	$0	0	D

Explanation of Responses:

	Kelly B. Rose, Attorney in Fact	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ConocoPhillips (COP) executive Andrew Lundquist report?

Andrew D. Lundquist reported exercising stock options and selling the resulting shares. He exercised options for 34,500 ConocoPhillips shares at an exercise price of $49.755, then sold 34,500 shares in the open market at $119.68 per share on the same date.

How many ConocoPhillips (COP) shares did Andrew Lundquist sell in this Form 4?

Andrew Lundquist sold 34,500 shares of ConocoPhillips common stock. The sale occurred in an open-market transaction at a price of $119.68 per share, immediately after exercising options that delivered the same number of shares of common stock.

At what prices did Andrew Lundquist exercise and sell his ConocoPhillips (COP) shares?

He exercised stock options at an exercise price of $49.755 per share and then sold 34,500 ConocoPhillips shares at $119.68 per share. The Form 4 shows both the derivative exercise and the subsequent open-market sale on the same date.

How many ConocoPhillips (COP) shares does Andrew Lundquist hold after this Form 4 transaction?

Following the reported transactions, Andrew Lundquist holds 17,469 ConocoPhillips common shares directly. Before the open-market sale, his direct common stock holdings were 51,969 shares after the option exercise increased his share count by 34,500 shares of common stock.

What type of transactions does the ConocoPhillips (COP) Form 4 for Andrew Lundquist show?

The Form 4 shows an option exercise and related stock sale. Lundquist exercised stock options for 34,500 shares of ConocoPhillips common stock, then sold 34,500 shares in an open-market transaction, with his remaining direct holdings reported as 17,469 shares after the sale.