ConocoPhillips (NYSE: COP) director receives 2,215 stock units in deferred award
Rhea-AI Filing Summary
ConocoPhillips director reports deferred stock unit award
ConocoPhillips director Kathleen A. McGinty reported an acquisition of 2,215 stock units on January 15, 2026, coded as an "A" transaction, at a reference price of $99.34 per unit. These stock units are derivative securities that convert into ConocoPhillips common stock on a 1-for-1 basis.
After this grant, McGinty beneficially holds a total of 3,447.98 stock units, reported as directly owned. She has elected to receive payment for these units as a lump sum six months after separation from service, though she may later choose an alternative deferred payment schedule. The reported balance also includes units previously acquired through routine dividend transactions that are exempt under Rule 16a-11.
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FAQ
What insider transaction did COP director Kathleen A. McGinty report on this Form 4?
Kathleen A. McGinty, a director of ConocoPhillips (COP), reported an acquisition of 2,215 stock units on January 15, 2026. The transaction is coded "A" (acquired) and involves derivative stock units that are tied to ConocoPhillips common stock.
How many ConocoPhillips stock units does Kathleen A. McGinty own after this transaction?
Following the reported transaction, Kathleen A. McGinty beneficially owns 3,447.98 stock units linked to ConocoPhillips common stock. The ownership is reported as direct, and this total includes units accumulated through routine dividend transactions.
What are the terms of the stock units reported by COP director Kathleen A. McGinty?
The reported stock units convert to ConocoPhillips common stock on a 1-for-1 basis. McGinty has elected to receive payment for these units as a lump sum six months after separation from service, with the option to change this election to an alternative deferred payment schedule.
What was the price associated with the stock units granted to the ConocoPhillips director?
The Form 4 lists a reference price of $99.34 per stock unit for the 2,215 stock units acquired on January 15, 2026. This price is used in the derivative security table for the reported award.
Are dividend-related stock units included in Kathleen A. McGinty’s reported holdings of COP stock units?
Yes. A footnote explains that the 3,447.98 stock units beneficially owned after the transaction include units acquired through routine dividend transactions that are exempt under Rule 16a-11.
Does this COP Form 4 indicate that the director’s stock units are held directly or indirectly?
The filing reports the stock units as directly owned ("D") by Kathleen A. McGinty, with no separate entity or indirect nature of ownership specified in the transaction data or footnotes.