ConocoPhillips (COP) SVP exercises 3,693 units, withholds 1,438 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ConocoPhillips Senior Vice President Andrew D. Lundquist exercised 3,693 stock units into 3,693 shares of common stock on February 14, 2026, at a stated price of $0.00 per unit. Each unit was economically equivalent to one share of common stock and settled in shares.
On the same date, 1,438 shares of common stock were disposed of at $111.23 per share to cover tax obligations associated with the award. After these transactions, Lundquist directly owned 17,469 shares of ConocoPhillips common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,693 shares exercised/converted
Mixed
3 txns
Insider
LUNDQUIST ANDREW D
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Units | 3,693 | $0.00 | -- |
| Exercise | Common Stock | 3,693 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,438 | $111.23 | $160K |
Holdings After Transaction:
Stock Units — 0 shares (Direct);
Common Stock — 18,907 shares (Direct)
Footnotes (1)
- The amount includes units acquired as dividend equivalents pursuant to the award agreement. Each stock unit was the economic equivalent of one share of common stock and settled in shares. The stock units represent ConocoPhillips common stock on a 1-for-1 basis. The stock units grant settles 3 years from date of grant, subject to earlier or partial settlement upon termination of employment after attainment of age 55 with five years of service, layoff, death or disability, or a change in control.
FAQ
What insider transactions did ConocoPhillips (COP) report for Andrew D. Lundquist?
ConocoPhillips reported that Senior Vice President Andrew D. Lundquist exercised 3,693 stock units into common shares and disposed of 1,438 shares to cover tax obligations. Following these transactions, he directly held 17,469 shares of ConocoPhillips common stock.
How many ConocoPhillips (COP) stock units did Andrew D. Lundquist convert?
Andrew D. Lundquist converted 3,693 stock units into 3,693 shares of ConocoPhillips common stock. Each unit was the economic equivalent of one share and settled in stock, reflecting the vesting and settlement of an existing equity award.
What do the ConocoPhillips (COP) stock units held by Andrew D. Lundquist represent?
The stock units represented ConocoPhillips common stock on a 1-for-1 basis and were economically equivalent to one share each. They settled in shares of common stock according to the award terms, including provisions for dividend equivalents and specified settlement timing conditions.