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 $90.245 per share. After these transactions, the director beneficially owned 462,780 shares of common stock and 8,336.372 stock units, which represent ConocoPhillips common stock on a one-for-one basis. The reported stock units include dividend equivalent units and are subject to vesting and settlement terms tied to service, retirement eligibility, and certain employment events.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Units | 324 | $0.00 | -- |
| Exercise | Common Stock | 324 | $0.00 | -- |
| Tax Withholding | Common Stock | 324 | $90.245 | $29K |
Footnotes (1)
- Each stock unit was the economic equivalent of one share of common stock. The stock units represent ConocoPhillips common stock on a 1-for-1 basis. Reflects partial lapsing of restrictions on the 2025 Executive RSU grant to cover FICA obligation and associated income taxes for retirement eligible employees. The stock units grant settles 3 years from February 11, 2025, subject to earlier or partial settlement upon, termination of employment after attainment of age 55 with 5 years of service, layoff, death or disablity or a change of control. Includes dividend equivalent units acquired through routine transactions that are exempt under rule 16a-11.
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.
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.
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.