ConocoPhillips (COP) EVP Kirk Johnson awarded 12,212 stock units in grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ConocoPhillips Executive Vice President Kirk L. Johnson reported an award of 12,212 stock units on February 10, 2026. These are derivative securities that track ConocoPhillips common stock on a 1-for-1 basis, with no cash price reported for the grant.
The stock unit grant is scheduled to settle in three years from the grant date. Settlement can occur earlier or partially if employment ends after reaching age 55 with at least five years of service, or upon layoff, death, disability, or a change in control.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
JOHNSON KIRK L.
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 12,212 | $0.00 | -- |
Holdings After Transaction:
Stock Units — 12,212 shares (Direct)
Footnotes (1)
- The stock units represent ConocoPhillips common stock on a 1-for-1 basis. 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
What insider transaction did ConocoPhillips (COP) report for Kirk L. Johnson?
ConocoPhillips reported that Executive Vice President Kirk L. Johnson received an award of 12,212 stock units on February 10, 2026. These units are a form of equity compensation tied 1-for-1 to ConocoPhillips common stock.
How many ConocoPhillips stock units were granted to Kirk L. Johnson?
Kirk L. Johnson was granted 12,212 stock units. After this grant, he beneficially owned 12,212 derivative securities of this type, all held directly, according to the Form 4 insider trading report filed under Section 16 rules.
What is the settlement schedule for the ConocoPhillips (COP) stock units granted?
The stock units are scheduled to settle three years from the February 10, 2026 grant date. Settlement can occur earlier or partially in specific situations, such as qualifying retirement, layoff, death, disability, or a change in control of ConocoPhillips.
How do the ConocoPhillips stock units granted to Kirk L. Johnson work?
Each stock unit represents ConocoPhillips common stock on a 1-for-1 basis. When the units settle, Johnson is entitled to an equivalent number of common shares, subject to the vesting and settlement conditions described in the Form 4 footnotes.
Was there a purchase price for the ConocoPhillips stock units granted?
The Form 4 lists the transaction price per stock unit as $0.00, indicating the grant was part of compensation rather than a market purchase. This is typical for equity awards under executive compensation or long-term incentive programs.
What conditions allow earlier settlement of Kirk L. Johnson’s ConocoPhillips stock units?
Earlier or partial settlement can occur if employment ends after reaching age 55 with at least five years of service, or in cases of layoff, death, disability, or a change in control. These conditions are outlined in the Form 4 footnotes.