ConocoPhillips director exercises 2,230 stock units
ConocoPhillips director William H. McRaven exercised stock-based awards into common shares.
Rhea-AI Filing Summary
ConocoPhillips director William H. McRaven exercised stock-based awards into common shares. On the reported date, he converted 2,230 stock units, each economically equivalent to one share of common stock and settled in shares, into 2,230 shares of ConocoPhillips common stock at a stated price of $0.00 per share.
After these transactions, his direct holdings in common stock increased to 8,096.501 shares, and his direct holdings of stock units were 23,537.002 units representing ConocoPhillips common stock on a 1-for-1 basis. The filing shows derivative exercise activity only, with no open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,230 shares exercised/converted
Exercise
2 txns
Insider
McRaven William H.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Units | 2,230 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,230 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Units — 23,537.002 contracts (Direct);
Common Stock — 8,096.501 shares (Direct)
Footnotes (4)
- F1. Each stock unit was the economic equivalent of one share of common stock and settled in shares.
- F2. Includes units acquired through routine dividend transactions that are exempt under rule 16a-11.
- F3. The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
- F4. The reporting person has elected to receive payment as a lump sum three months from initial grant date.
Key Figures
Stock units exercised: 2,230 units
Common stock after transaction: 8,096.501 shares
Stock units after transaction: 23,537.002 units
+2 more
5 metrics
Stock units exercised
2,230 units
Stock units converted into common stock on the transaction date
Common stock after transaction
8,096.501 shares
Director’s direct common share holdings following the exercise
Stock units after transaction
23,537.002 units
Director’s remaining direct stock unit holdings after the exercise
Exercise price per unit
$0.00 per unit
Stated price for the derivative exercise of stock units
Derivative exercises reported
1 exercise, 2,230 shares
transactionSummary exerciseCount and exerciseShares
Key Terms
Stock Units, economic equivalent, rule 16a-11, 1-for-1 basis, +1 more
5 terms
Stock Units financial
"Each stock unit was the economic equivalent of one share of common stock and settled in shares."
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
economic equivalent financial
"Each stock unit was the economic equivalent of one share of common stock and settled in shares."
rule 16a-11 regulatory
"Includes units acquired through routine dividend transactions that are exempt under rule 16a-11."
1-for-1 basis financial
"The stock units represent ConocoPhillips common stock on a 1-for-1 basis."
lump sum financial
"The reporting person has elected to receive payment as a lump sum three months from initial grant date."
A lump sum is a single, one-time payment of the full amount owed instead of spreading the same money over multiple smaller payments. For investors, receiving or paying a lump sum affects cash flow, reinvestment opportunities and tax timing—like getting a full paycheck at once rather than regular paychecks—so it changes liquidity, risk exposure and the timing of returns.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ConocoPhillips (COP) director William H. McRaven report?
William H. McRaven reported exercising 2,230 stock units into 2,230 shares of ConocoPhillips common stock. The units were economically equivalent to common shares and settled in stock, with a stated exercise price of $0.00 per share, indicating non-cash, stock-based compensation activity.
What are the ConocoPhillips (COP) stock units mentioned in the Form 4?
The stock units are instruments economically equivalent to one share of ConocoPhillips common stock and settle in shares. A footnote explains that each stock unit represents common stock on a 1-for-1 basis, providing equity-linked value similar to owning actual shares.
How many ConocoPhillips (COP) stock units does the director hold after the transaction?
After the exercise, William H. McRaven directly holds 23,537.002 stock units. The Form 4’s derivative table lists this amount as his total stock unit holdings following the transaction, with each unit representing one share of ConocoPhillips common stock on a 1-for-1 basis.
Were ConocoPhillips (COP) dividends involved in the reported stock units?
A footnote states the total stock unit figure includes units acquired through routine dividend transactions exempt under Rule 16a-11. This means some additional units accumulated over time as dividend equivalents, increasing his stock unit balance beyond the original grant amount.
AI-generated analysis. How Rhea-AI works. Not financial advice.
