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 01/15/2026. These are derivative awards that convert into ConocoPhillips common stock on a 1-for-1 basis. The units were valued at $99.34 per unit for reporting purposes, and after this transaction she beneficially owns 6,940.9 stock units in total.
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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 2,215 | $99.34 | $220K |
Footnotes (1)
- The stock units convert to ConocoPhillips common stock on a 1-for-1 basis. The reporting person has elected to receive payment as a lump sum six months following separation from service, which election may be changed by the reporting person to provide for an alternative schedule of deferred payments. Includes units acquired through routine dividend transactions that are exempt under rule 16a-11.
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 01/15/2026. The transaction is coded "A" (acquisition) and relates to derivative stock units tied to ConocoPhillips common stock.
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 $99.34 per unit and are classified as derivative securities linked to the company’s common stock.
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.
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.