ConocoPhillips (COP) EVP Olds sells 14,522 shares, keeps sizable stake
Rhea-AI Filing Summary
ConocoPhillips Executive Vice President Nicholas G. Olds sold 14,522 shares of common stock in an open-market transaction. The sale occurred on March 12, 2026 at an average price of $119.3621 per share. After this sale, he directly holds 12,389 shares of ConocoPhillips common stock.
In addition to his direct holdings, he has an indirect interest in 1,361.969 shares held through the ConocoPhillips Savings Plan, which includes units acquired through routine dividend transactions and a qualified plan as noted in the footnote.
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Insights
EVP executes an open-market sale of 14,522 ConocoPhillips shares while retaining a notable equity stake.
Executive Vice President Nicholas G. Olds completed an open-market sale of 14,522 ConocoPhillips common shares at $119.3621 per share on March 12, 2026. This is a straightforward discretionary sale, not tied to an option exercise or derivative conversion in this filing.
Following the transaction, he still directly owns 12,389 shares, plus an indirect interest in 1,361.969 shares via the ConocoPhillips Savings Plan, which the footnote says includes units from routine dividend transactions and a qualified plan. With no remaining derivatives reported here, the visible position is entirely in common stock.
Because this is a single open-market sale and the filing does not indicate a trading plan or broader pattern, its significance for long-term investors is limited. It mainly documents liquidity activity by a senior executive while confirming continued equity exposure through direct and plan-based holdings.
FAQ
What did ConocoPhillips (COP) Executive Vice President Nicholas G. Olds do in this Form 4 filing?
How many ConocoPhillips (COP) shares did Nicholas G. Olds sell and at what price?
How many ConocoPhillips (COP) shares does Nicholas G. Olds hold after this transaction?
What does the indirect ownership in the ConocoPhillips (COP) Savings Plan mean for Nicholas G. Olds?
Were there any option exercises or derivative transactions reported for ConocoPhillips (COP) in this Form 4?
Does this ConocoPhillips (COP) Form 4 indicate a trading plan for Nicholas G. Olds?