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 (1)
- The stock units convert to ConocoPhillips common stock on a 1-for-1 basis. 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. Includes units acquired through routine dividend transactions that are exempt under rule 16a-11.
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.