ConocoPhillips (COP) director acquires 255 deferred stock units at $94.455
Rhea-AI Filing Summary
ConocoPhillips reported an insider equity transaction by a company director. On 12/15/2025, the director acquired 255 stock units classified as derivative securities. These stock units convert into ConocoPhillips common stock on a 1-for-1 basis, effectively representing rights to 255 shares of common stock valued at $94.455 per unit for this transaction.
After this award, the reporting person beneficially owns 91,345.937 stock units, held directly. The director has elected to receive payment of these units in five equal annual installments beginning one year after separation from service, with the ability to change to an alternative deferred payment schedule. The holdings also include units accumulated through routine dividend transactions that are exempt under Rule 16a-11.
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FAQ
What insider transaction did ConocoPhillips (COP) disclose in this Form 4?
A ConocoPhillips director acquired 255 stock units on 12/15/2025. These units are derivative securities that convert into ConocoPhillips common stock on a 1-for-1 basis, with a reported value of $94.455 per unit for this transaction.
How many ConocoPhillips (COP) stock units does the reporting person hold after the transaction?
Following the 12/15/2025 transaction, the reporting person beneficially owns 91,345.937 stock units of ConocoPhillips, held in direct ownership.
What is the relationship of the reporting person to ConocoPhillips (COP)?
The reporting person is a director of ConocoPhillips, as indicated in the relationship section of the filing.
How and when will the ConocoPhillips (COP) stock units be paid out?
The reporting person has elected to receive payment of the stock units in five equal annual installments, beginning one year after separation from service. The person may change this election to an alternative schedule of deferred payments.
Do the ConocoPhillips (COP) stock units include dividend-related accruals?
Yes. The total includes units acquired through routine dividend transactions that are exempt under Rule 16a-11, as described in the explanatory footnotes.
Are the ConocoPhillips (COP) stock units owned directly or indirectly?
The filing reports that the 91,345.937 stock units are held in direct (D) ownership by the reporting person.