ConocoPhillips (COP) director Mulligan sells 1,974 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CONOCOPHILLIPS director Sharmila Mulligan reported an open-market sale of company stock. She sold 1,974 shares of Common Stock at a price of $119.00 per share. After this transaction, her directly owned Common Stock holdings reported in this filing are 0 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,974 shares ($234,906)
Net Sell
1 txn
Insider
Mulligan Sharmila
Role
null
Sold
1,974 shs ($235K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,974 | $119.00 | $235K |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 1,974 shares
Sale price per share: $119.00 per share
Shares after transaction: 0 shares
+1 more
4 metrics
Shares sold
1,974 shares
Non-derivative Common Stock sold in open-market transaction
Sale price per share
$119.00 per share
Price for the 1,974 Common Stock shares sold
Shares after transaction
0 shares
Total directly owned Common Stock following the sale
Net buy/sell shares
-1,974 shares
Net share change from transactions reported in this Form 4
Key Terms
open-market sale, Common Stock, Form 4, non-derivative
4 terms
open-market sale financial
"Transaction action is described as an open-market sale of Common Stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"The security title for the transaction is listed as Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"The insider transaction is reported on a Form 4 filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"The transaction type is classified as non-derivative in the data."
FAQ
What insider transaction did CONOCOPHILLIPS (COP) director Sharmila Mulligan report?
Director Sharmila Mulligan reported selling 1,974 shares of CONOCOPHILLIPS Common Stock in an open-market transaction at $119.00 per share. The Form 4 indicates this was a non-derivative transaction involving Common Stock held directly.
Does the CONOCOPHILLIPS (COP) Form 4 show any derivative securities for Sharmila Mulligan?
No derivative securities are listed for Sharmila Mulligan in this Form 4. The derivativeSummary section is empty, and the reported transaction involves only non-derivative Common Stock shares sold in an open-market sale.
Is Sharmila Mulligan’s CONOCOPHILLIPS (COP) transaction classified as a buy or sell?
The transaction is classified as a sale. The Form 4 uses transaction code “S” and describes it as an open-market sale, with the transaction_direction field indicating a sell of 1,974 non-derivative Common Stock shares.