ConocoPhillips (COP) director reports 2,215 deferred stock units
Rhea-AI Filing Summary
ConocoPhillips director Arjun N. Murti reported receiving 2,215 stock units on 01/15/2026. These derivative stock units convert into ConocoPhillips common stock on a 1-for-1 basis, meaning each unit represents one future share of common stock. The filing shows a reference price of $99.34 per unit for this award.
After this transaction, Murti beneficially owned a total of 58,944.751 stock units in direct form. According to the disclosure, payment of these deferred stock units has been elected as a lump sum six months after separation from service, although this election can be changed to an alternative deferred payment schedule. The total includes units accumulated through routine dividend-related transactions.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 2,215 | $99.34 | $220K |
Footnotes (3)
- F1. The stock units convert to ConocoPhillips common stock on a 1-for-1 basis.
- F2. The reporting person has elected to receive payment as a lump sum six months following separation from service, which election may be changed by the reporting person to provide for an alternative schedule of deferred payments.
- F3. Includes units acquired through routine dividend transactions that are exempt under rule 16a-11.
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FAQ
What insider transaction did COP director Arjun N. Murti report on 01/15/2026?
Arjun N. Murti, a director of ConocoPhillips (COP), reported the acquisition of 2,215 stock units on 01/15/2026. The transaction was coded "A," indicating an acquisition of derivative securities rather than a sale.
What are the terms of the stock units reported by the ConocoPhillips (COP) director?
The filing states that the stock units convert to ConocoPhillips common stock on a 1-for-1 basis. A reference price of $99.34 per unit is disclosed, and each unit represents one future share of common stock.
How many ConocoPhillips stock units does Arjun N. Murti own after this Form 4 transaction?
Following the reported acquisition, Arjun N. Murti beneficially owned 58,944.751 stock units directly. This figure includes units accumulated through routine dividend-related transactions.
When will the ConocoPhillips director receive payment for these deferred stock units?
The reporting person has elected to receive payment as a lump sum six months after separation from service. The election may be changed to provide for an alternative schedule of deferred payments.
Is this ConocoPhillips Form 4 transaction a direct or indirect holding for the reporting person?
The Form 4 identifies the ownership form as direct (D) for the 58,944.751 stock units. No footnote disclaims beneficial ownership or attributes the holdings to another entity.