ConocoPhillips (COP) director reports RSU tax withholding on Form 4
Rhea-AI Filing Summary
ConocoPhillips director reports routine equity award activity. A company director exercised 324 stock units into an equal number of ConocoPhillips common shares on 11/14/2025 and then had 324 shares withheld to cover taxes at a price of
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FAQ
What insider transaction did ConocoPhillips (COP) report on this Form 4?
The Form 4 reports that a ConocoPhillips director converted 324 stock units into 324 shares of common stock and had 324 shares withheld to cover tax obligations, leaving 462,780 shares of common stock and 8,336.372 stock units beneficially owned.
Who is the reporting person in this ConocoPhillips (COP) Form 4 and what is their role?
The reporting person is identified as a Director of ConocoPhillips, as indicated in the relationship section, with the filing signed by Whitney A. Cox as Attorney in Fact.
How many ConocoPhillips (COP) shares does the director own after the reported transaction?
After the reported activity, the director beneficially owned 462,780 shares of ConocoPhillips common stock and 8,336.372 stock units, which each represent one share of common stock.
What do the ConocoPhillips (COP) stock units represent in this Form 4?
The stock units are described as the economic equivalent of one share of ConocoPhillips common stock on a 1-for-1 basis, including dividend equivalent units acquired through routine transactions exempt under Rule 16a-11.
Why were 324 ConocoPhillips (COP) shares withheld in the transaction?
The explanation states that the 324 stock units reflect a partial lapsing of restrictions on a 2025 Executive RSU grant to cover FICA obligations and associated income taxes for retirement eligible employees.
What are the settlement terms for the ConocoPhillips (COP) stock units in this Form 4?
The stock unit grant is scheduled to settle 3 years from February 11, 2025, subject to earlier or partial settlement upon termination of employment after reaching age 55 with 5 years of service, layoff, death, disability, or a change of control.