ConocoPhillips director granted 298 stock units
ConocoPhillips director Robert A. Niblock received a grant of 298 stock units linked to ConocoPhillips common stock on a 1-for-1 basis.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 298 | $121.3901 | $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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ConocoPhillips (COP) director Robert A. Niblock report in this Form 4?
At what price were the 298 ConocoPhillips stock units awarded to director Niblock?
How and when will Robert A. Niblock receive payment for his ConocoPhillips stock units?
How many ConocoPhillips stock units does Robert A. Niblock hold after this award?
What does it mean that Niblock’s ConocoPhillips stock units include dividend equivalent units?
Is Robert A. Niblock’s Form 4 transaction in ConocoPhillips stock units a market buy or sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.