ConocoPhillips (NYSE: COP) director adds 2,215 stock units in Form 4
Rhea-AI Filing Summary
ConocoPhillips director Dennis V. Arriola reported acquiring 2,215 stock units linked to ConocoPhillips common stock on January 15, 2026. These derivative stock units convert into common shares on a 1-for-1 basis and were recorded at a reference price of $99.34 per unit. Following this transaction, Arriola beneficially owned a total of 9,215.647 stock units on a direct basis.
The filing notes that the reporting person has elected to receive payment for these units as a lump sum six months after separation from service, with the option to change to an alternative deferred payout schedule. The total also includes stock units previously acquired through routine dividend transactions.
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FAQ
What insider transaction did ConocoPhillips (COP) report in this Form 4?
The filing reports that director Dennis V. Arriola acquired 2,215 stock units tied to ConocoPhillips common stock on January 15, 2026, recorded at a reference price of
How many ConocoPhillips (COP) stock units does Dennis V. Arriola own after this transaction?
After the reported transaction, Dennis V. Arriola beneficially owned 9,215.647 stock units on a direct basis, according to the Form 4.
What do the reported ConocoPhillips stock units represent for Dennis V. Arriola?
The Form 4 states that the stock units convert to ConocoPhillips common stock on a 1-for-1 basis, meaning each unit corresponds to one share of common stock upon conversion.
When will Dennis V. Arriola receive payment for the reported ConocoPhillips stock units?
The reporting person has elected to receive payment for these units as a lump sum six months following separation from service, with the ability to change this election to an alternative deferred payment schedule.
Do the reported ConocoPhillips stock units include dividend-related amounts?
Yes. The total reported includes units acquired through routine dividend transactions that are stated to be exempt under Rule 16a-11.
Is Dennis V. Arriola a director or officer of ConocoPhillips (COP)?
According to the Form 4, Dennis V. Arriola is a director of ConocoPhillips and is not listed as an officer or 10% owner.