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ConocoPhillips (COP) EVP Nicholas Olds sells 6994 shares at $127.059

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

ConocoPhillips Executive Vice President Nicholas G. Olds reported an open-market sale of 6994 shares of ConocoPhillips common stock. The transaction occurred on 2026-03-23 at an average price of $127.059 per share.

After the sale, Olds directly holds 5395 shares of common stock. He also has an indirect interest in 1361.969 plan units through the ConocoPhillips Savings Plan, which the footnote explains include units accumulated via routine dividend transactions and a qualified plan under applicable SEC exemptions.

Positive

  • None.

Negative

  • None.

Insights

EVP executes open-market sale while retaining a meaningful share position.

Executive Vice President Nicholas G. Olds sold 6994 ConocoPhillips common shares in an open-market transaction at $127.059 per share. This is a discretionary sale, not tied to option exercises or tax withholding, and therefore reflects an active decision to reduce equity exposure.

Following the sale, Olds continues to hold 5395 shares directly and 1361.969 units indirectly through the ConocoPhillips Savings Plan. The footnote notes these plan units arise from routine dividend and qualified-plan transactions exempt under rules 16a-11 and 16b-3, indicating ongoing participation in employer-sponsored equity programs rather than new market purchases.

From an investor perspective, this is a net-sell event by a senior executive but on a scale that appears modest relative to the overall company. There is no reference in the excerpt to a Rule 10b5-1 trading plan, so the timing appears discretionary based on the available information.

SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Olds Nicholas G

(Last)(First)(Middle)
16930 PARK ROW DR.

(Street)
HOUSTON TEXAS 77084

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CONOCOPHILLIPS [ COP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/23/2026S6,994D$127.0595,395D
Common Stock1,361.969(1)IBy ConocoPhillips Savings Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes units acquired through routine dividend transactions that are exempt under rule 16a-11 and through a qualified plan that are exempt under rule 16b-3.
Kelly B. Rose, Attorney in Fact03/23/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ConocoPhillips (COP) report for Nicholas G. Olds?

ConocoPhillips reported that Executive Vice President Nicholas G. Olds sold 6994 shares of common stock. The sale was an open-market transaction executed at an average price of $127.059 per share on March 23, 2026.

At what price did ConocoPhillips EVP Nicholas G. Olds sell his COP shares?

Nicholas G. Olds sold his ConocoPhillips common shares at an average price of $127.059 per share. This price reflects the execution level for the reported open-market sale of 6994 shares on March 23, 2026.

How many ConocoPhillips (COP) shares does Nicholas G. Olds hold after the reported sale?

After the transaction, Nicholas G. Olds directly holds 5395 shares of ConocoPhillips common stock. In addition, he has an indirect interest in 1361.969 units through the ConocoPhillips Savings Plan, according to the Form 4 filing.

What type of insider transaction did Nicholas G. Olds file for ConocoPhillips (COP)?

The filing shows an open-market sale of ConocoPhillips common stock by Executive Vice President Nicholas G. Olds. The Form 4 characterizes the transaction with code S, meaning a sale in an open market or private transaction, not a grant or option exercise.

What does the ConocoPhillips Savings Plan holding mean in Nicholas G. Olds' Form 4?

The Form 4 reports 1361.969 units held indirectly through the ConocoPhillips Savings Plan. A footnote explains these units include amounts acquired via routine dividend reinvestments and a qualified plan, both treated as exempt transactions under SEC rules 16a-11 and 16b-3.

Was Nicholas G. Olds’ ConocoPhillips (COP) transaction part of a derivative exercise or tax withholding?

No. The Form 4 identifies the event as a sale of common stock with transaction code S, not an option exercise or tax withholding. The transactionSummary shows zero derivative exercises and zero tax-withholding dispositions associated with this filing.
ConocoPhillips

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