COP Form 4: Director Nelda Connors adds 118 stock units

Rhea-AI Filing Summary

Nelda J. Connors, a director of ConocoPhillips (COP), reported the acquisition of 118 stock units on 09/30/2025. The units will convert 1-for-1 into common stock and were valued at $94.31 per share in the filing. After the transaction the filing shows beneficial ownership of 4,334.435 shares. The reporting person elected to receive payment as a lump sum six months after separation from service, subject to change, and the filing notes that some dividend equivalent units were acquired through routine exempt transactions.

Positive

• Acquisition of 118 stock units increases director alignment with shareholders
• Beneficial ownership of 4,334.435 shares disclosed, enhancing transparency

Negative

• None.

Insights

Corporate Governance Specialist

Director received deferred stock units equal to 118 shares, increasing beneficial ownership to 4,334.435.

The filing documents a routine grant/settlement of 118 stock units that convert 1-for-1 to common shares, recorded at $94.31 per unit. This type of transaction is typically part of director compensation or deferred pay arrangements and was reported under Form 4.

The reporting person elected a lump-sum payment deferred six months post-separation, which is an administrative payment timing choice disclosed in the filing and does not itself change share count.

Equity Compensation Analyst

Transaction appears to be compensation-related and includes dividend equivalent units acquired under routine exemptions.

The filing explicitly states the units convert 1-for-1 to common stock and that dividend equivalent units were added through transactions exempt under Rule 16a-11. Those dividend equivalents increase the reported beneficial ownership to 4,334.435 shares.

This is a non-derivative acquisition (code A) reported for compliance; no exercise, sale, or change in option terms is disclosed.

SEC Form 4

FORM 4

UNITED 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).

1. Name and Address of Reporting Person^*

Connors Nelda J

(Last) (First) (Middle)

16930 PARK ROW DR.

(Street)

HOUSTON TX 77084

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CONOCOPHILLIPS [ COP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Units	(1)	09/30/2025		A		118		(2)	(2)	Common Stock	118	$94.31	4,334.435(3)	D

Explanation of Responses:

1. The stock units convert to ConocoPhillips common stock on a 1-for-1 basis.

2. 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.

3. Includes dividend equivalent units acquired through routine transactions that are exempt under rule 16a-11.

	Whitney A. Cox, Attorney in Fact (by Power of Attorney filed with the Commission on September 4, 2024)	10/02/2025
	** Signature of Reporting Person	Date
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.

FAQ

What transaction did Nelda J. Connors report on Form 4 for COP?

The report discloses the acquisition of 118 stock units on 09/30/2025, recorded as a non-derivative acquisition (code A).

How many ConocoPhillips shares does the reporting person beneficially own after the transaction?

The filing shows beneficial ownership of 4,334.435 shares following the reported transaction.

At what price were the stock units reported?

The stock units are shown at a price of $94.31 per share in the filing.

Will the stock units convert to common stock and when is payment made?

The filing states the units convert 1-for-1 to common stock. The reporting person elected a lump-sum payment to be made six months after separation from service, subject to change.

Were any dividend equivalent units included in this filing?

Yes. The filing states it includes dividend equivalent units acquired through routine transactions exempt under Rule 16a-11.