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ConocoPhillips (COP) director awarded 298 deferred stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ConocoPhillips director Robert A. Niblock received a grant of 298 stock units linked to ConocoPhillips common stock on a 1-for-1 basis. These stock units were awarded at a reference price of $121.3901 per unit as a compensation-related grant, not an open-market purchase.

The stock units are deferred; Niblock has elected to receive payment in five equal annual installments beginning one year after separation from service, with flexibility to change to an alternative deferred payment schedule. After this award, he holds a total of 94,527.743 stock units, which includes dividend equivalent units acquired through routine, exempt transactions.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
NIBLOCK ROBERT A

(Last) (First) (Middle)
16930 PARK ROW DR.

(Street)
HOUSTON TX 77084

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CONOCOPHILLIPS [ COP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Units (1) 03/16/2026 A 298 (2) (2) Common Stock 298 $121.3901 94,527.743(3) D
Explanation of Responses:
1. The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
2. 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.
3. Includes dividend equivalent units acquired through routine transactions that are exempt under rule 16a-11.
Kelly B. Rose, Attorney in Fact 03/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ConocoPhillips (COP) director Robert A. Niblock report in this Form 4?

Robert A. Niblock reported receiving a grant of 298 stock units tied 1-for-1 to ConocoPhillips common stock. The award is a compensation-related acquisition of derivative stock units rather than an open-market purchase or sale of common shares.

At what price were the 298 ConocoPhillips stock units awarded to director Niblock?

The 298 stock units granted to Robert A. Niblock carried a reference price of $121.3901 per unit. This reflects the value used for the grant calculation and does not represent an open-market trade execution price or a direct cash transaction in the market.

How and when will Robert A. Niblock receive payment for his ConocoPhillips stock units?

Niblock elected to receive payment for the stock units in five equal annual installments beginning one year after separation from service. The election may be changed to an alternative deferred schedule, meaning payout timing is structured and tied to his eventual service separation.

How many ConocoPhillips stock units does Robert A. Niblock hold after this award?

Following the grant, Robert A. Niblock holds 94,527.743 stock units. This total includes both the new 298-unit award and dividend equivalent units previously accumulated through routine, exempt transactions, reflecting his overall deferred equity-based position in the company.

What does it mean that Niblock’s ConocoPhillips stock units include dividend equivalent units?

Dividend equivalent units mirror dividends on underlying shares by crediting additional units instead of cash. Niblock’s total of 94,527.743 units includes such dividend equivalents, which were acquired through routine transactions exempt under Rule 16a-11, expanding his deferred equity balance over time.

Is Robert A. Niblock’s Form 4 transaction in ConocoPhillips stock units a market buy or sell?

The reported transaction is a grant of 298 stock units classified as a compensation-related acquisition, not a market buy or sell. No open-market trade occurred; instead, Niblock received additional deferred stock-based units as part of his director compensation arrangement.
ConocoPhillips

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154.04B
1.22B
Oil & Gas E&P
Petroleum Refining
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United States
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