ConocoPhillips director converts stock units, withholds shares
ConocoPhillips director Timothy A. Leach reported equity compensation activity.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Units | 7,390 | $0.00 | $0.00 |
| Exercise | Stock Units | 8,474 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,390 | $0.00 | $0.00 |
| Exercise | Common Stock | 8,474 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,871 | $115.935 | $681K |
Footnotes (4)
- F1. The amount includes units acquired as dividend equivalents pursuant to the award agreement.
- F2. Each stock unit was the economic equivalent of one share of common stock and settled in shares.
- F3. The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
- F4. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ConocoPhillips (COP) director Timothy A. Leach report in this Form 4?
How do the reported stock units relate to ConocoPhillips common stock?
Were any of Timothy A. Leach’s ConocoPhillips transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.