ConocoPhillips director granted 322 stock units
ConocoPhillips director Robert A. Niblock received a grant of 322 stock units, each tied 1-for-1 to ConocoPhillips common stock.
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Rhea-AI Filing Summary
ConocoPhillips director Robert A. Niblock received a grant of 322 stock units, each tied 1-for-1 to ConocoPhillips common stock. The award is a routine, compensation-related acquisition rather than an open-market purchase or sale.
After this grant, Niblock holds a total of 95,531.55 stock units. These units are deferred; he has elected to receive payment in five equal annual installments beginning one year after separation from service, with flexibility to change the payment schedule. The holding total also reflects dividend equivalent units added over time.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 322 | $112.18 | $36K |
Footnotes (3)
- F1. The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
- F2. The reporting person has elected to receive payment in five equal annual installments beginning one year following separation from service, which election may be changed by the reporting person to provide for an alternative schedule of deferred payments.
- F3. Includes dividend equivalent units acquired through routine transactions that are exempt under rule 16a-11.
Key Figures
Key Terms
Stock Units financial
dividend equivalent units financial
rule 16a-11 regulatory
deferred payments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ConocoPhillips (COP) director Robert Niblock report in this Form 4?
How are Robert Niblock’s ConocoPhillips (COP) stock units paid out?
What does the 1-for-1 basis mean for ConocoPhillips stock units in this Form 4?
What are dividend equivalent units mentioned in the ConocoPhillips (COP) filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.