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ConocoPhillips (COP) EVP Olds sells 14,522 shares, keeps sizable stake

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.

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.

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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Olds Nicholas G

(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)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
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 03/12/2026 S 14,522 D $119.3621 12,389 D
Common Stock 1,361.969(1) I By ConocoPhillips Savings Plan
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
Explanation of Responses:
1. Includes units acquired through routine dividend transactions that are exempt under rule 16a-11 and through a qualified plan that are exempt under rule 16b-3.
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 did ConocoPhillips (COP) Executive Vice President Nicholas G. Olds do in this Form 4 filing?

Nicholas G. Olds reported an open-market sale of 14,522 ConocoPhillips common shares. The transaction occurred at an average price of $119.3621 per share, documenting a discretionary reduction of his directly held stock position while retaining a meaningful remaining stake.

How many ConocoPhillips (COP) shares did Nicholas G. Olds sell and at what price?

He sold 14,522 shares of ConocoPhillips common stock in an open-market transaction. The shares were sold at an average price of $119.3621 per share, as disclosed in the Form 4 insider trading report filed for this transaction.

How many ConocoPhillips (COP) shares does Nicholas G. Olds hold after this transaction?

After the sale, Nicholas G. Olds directly holds 12,389 ConocoPhillips common shares. He also has an indirect interest in 1,361.969 additional shares through the ConocoPhillips Savings Plan, reflecting units accumulated via routine dividend transactions and a qualified plan.

What does the indirect ownership in the ConocoPhillips (COP) Savings Plan mean for Nicholas G. Olds?

The filing shows 1,361.969 shares held indirectly for Olds through the ConocoPhillips Savings Plan. A footnote explains these units were acquired via routine dividend transactions and a qualified plan, both exempt under specific SEC rules governing insider trading and reporting obligations.

Were there any option exercises or derivative transactions reported for ConocoPhillips (COP) in this Form 4?

No derivative transactions were reported in this Form 4. The filing only lists a non-derivative open-market sale of common stock and a holdings entry for the ConocoPhillips Savings Plan, with derivative transaction counts shown as zero in the summary section.

Does this ConocoPhillips (COP) Form 4 indicate a trading plan for Nicholas G. Olds?

The available information does not reference a Rule 10b5-1 or similar trading plan. It simply records an open-market sale of common stock and updated direct and indirect holdings, without any indication that the sale was executed under a pre-arranged plan.
ConocoPhillips

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