Timothy Leach (COP) converts stock units and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ConocoPhillips director Timothy A. Leach reported equity compensation activity. On March 4, 2026, he exercised stock units that were the economic equivalent of common shares, converting 7,390 and 8,474 stock units into the same number of common shares. To cover tax obligations, 5,871 common shares were disposed of at $115.935 per share. Following these transactions, Leach directly owned 451,211 shares of ConocoPhillips common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,864 shares exercised/converted
Mixed
5 txns
Insider
LEACH TIMOTHY A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Units | 7,390 | $0.00 | -- |
| Exercise | Stock Units | 8,474 | $0.00 | -- |
| Exercise | Common Stock | 7,390 | $0.00 | -- |
| Exercise | Common Stock | 8,474 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,871 | $115.935 | $681K |
Holdings After Transaction:
Stock Units — 0 shares (Direct);
Common Stock — 448,608 shares (Direct)
Footnotes (1)
- The amount includes units acquired as dividend equivalents pursuant to the award agreement. Each stock unit was the economic equivalent of one share of common stock and settled in shares. The stock units represent ConocoPhillips common stock on a 1-for-1 basis. The stock units grant settles 3 years from date of grant, subject to earlier or partial settlement upon termination of employment after attainment of age 55 with five years of service, layoff, death or disability, or a change in control.
FAQ
What did ConocoPhillips (COP) director Timothy A. Leach report in this Form 4?
Timothy A. Leach reported exercising stock units into common shares and a related tax-withholding share disposition. He converted 7,390 and 8,474 stock units into common stock and had 5,871 shares withheld to satisfy tax obligations, all dated March 4, 2026.
How do the reported stock units relate to ConocoPhillips common stock?
Each reported stock unit is economically equivalent to one share of ConocoPhillips common stock. Footnotes state that stock units represent common stock on a 1-for-1 basis and settle in shares, with some units including dividend equivalents under the award agreement.
Were any of Timothy A. Leach’s ConocoPhillips transactions open-market buys or sells?
The filing does not show open-market buys or sells. It reports exercises or conversions of stock units into common shares and a tax-withholding disposition, indicated by transaction codes M for derivative exercises and F for payment of tax liability by delivering securities.