ConocoPhillips (COP) SVP awarded 5,058 stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ConocoPhillips senior vice president Andrew D. Lundquist reported an equity award of derivative securities. On February 10, 2026, he acquired 5,058 stock units, each representing one share of ConocoPhillips common stock on a 1-for-1 basis.
The grant is structured to settle in shares of common stock three years from the grant date, with provisions for earlier or partial settlement upon certain events, including qualifying retirement, layoff, death, disability, or a change in control. Following this grant, Lundquist beneficially owns 5,058 stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LUNDQUIST ANDREW D
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 5,058 | $0.00 | -- |
Holdings After Transaction:
Stock Units — 5,058 shares (Direct)
Footnotes (1)
- 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 transaction did ConocoPhillips (COP) report for Andrew D. Lundquist?
ConocoPhillips reported that Senior Vice President Andrew D. Lundquist received a grant of 5,058 stock units on February 10, 2026. These units are derivative securities that convert into an equal number of ConocoPhillips common shares under the plan’s settlement terms.
How many ConocoPhillips (COP) stock units were granted to Andrew D. Lundquist?
Andrew D. Lundquist was granted 5,058 stock units. Each unit represents one share of ConocoPhillips common stock, giving him beneficial ownership of 5,058 derivative-based units following the transaction as disclosed in the Form 4 filing.
What is the settlement schedule for Andrew D. Lundquist’s ConocoPhillips (COP) stock units?
The stock unit grant to Andrew D. Lundquist is scheduled to settle three years from the February 10, 2026 grant date. The award may settle earlier or partially upon qualifying retirement, layoff, death, disability, or a change in control of ConocoPhillips.
Do Andrew D. Lundquist’s ConocoPhillips (COP) stock units have an exercise price?
The stock units have an exercise price of $0.00 according to the disclosure. They represent a right to receive ConocoPhillips common shares on a 1-for-1 basis under the plan’s terms, rather than options requiring a cash exercise.
Are Andrew D. Lundquist’s ConocoPhillips (COP) stock units held directly or indirectly?
The Form 4 indicates that Andrew D. Lundquist holds the 5,058 stock units directly. The ownership code is listed as “D” for direct, and no indirect ownership entity or special beneficial ownership disclaimer is noted in the provided footnotes.
What events can accelerate settlement of Andrew D. Lundquist’s ConocoPhillips (COP) stock units?
Settlement can occur earlier or partially if Andrew D. Lundquist’s employment ends after reaching age 55 with five years of service, or upon layoff, death, disability, or a change in control. These conditions are specified in the grant’s explanatory footnotes.