Director Connors adds 2,215 ConocoPhillips (NYSE: COP) stock units
Rhea-AI Filing Summary
ConocoPhillips director Nelda J. Connors reported receiving 2,215 stock units on
The units are structured as deferred compensation. Connors has elected to receive payment as a lump sum six months after separation from service, although she may change this election to an alternative deferred payment schedule. The reported balance also includes units previously acquired through routine dividend transactions that are exempt under Rule 16a-11.
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FAQ
What insider transaction did Nelda J. Connors report at ConocoPhillips (COP)?
Nelda J. Connors, a director of ConocoPhillips, reported an acquisition of 2,215 stock units on
How many ConocoPhillips stock units does Nelda J. Connors hold after this Form 4 filing?
Following the reported transaction, Nelda J. Connors beneficially owns 6,940.9 stock units. This total includes units received in this grant as well as units previously acquired, including those from routine dividend transactions.
What are the terms of the ConocoPhillips stock units reported by Nelda J. Connors?
The reported stock units convert into ConocoPhillips common stock on a 1-for-1 basis. They are valued for reporting at
When will Nelda J. Connors receive payment for the ConocoPhillips stock units?
Connors has elected to receive payment as a lump sum six months following separation from service. The disclosure notes that she may change this election to provide for an alternative schedule of deferred payments.
Do the reported ConocoPhillips stock units include dividend-related accruals?
Yes. The filing explains that the total includes units acquired through routine dividend transactions that are exempt under Rule 16a-11, in addition to the newly acquired 2,215 stock units.
Is Nelda J. Connors a 10% owner of ConocoPhillips (COP)?
No. The Form 4 identifies Nelda J. Connors as a director of ConocoPhillips and does not mark her as a 10% owner. Her role is disclosed solely as a director in the relationship section.