ConocoPhillips (NYSE: COP) EVP awarded 13,143 stock units in grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ConocoPhillips Executive Vice President Nicholas G. Olds received a grant of 13,143 stock units on February 10, 2026. These derivative awards represent ConocoPhillips common stock on a 1-for-1 basis and are reported as directly owned after the transaction.
The stock unit grant is scheduled to settle three years from the grant date, with the possibility of earlier or partial settlement upon events such as qualifying retirement after age 55 with five years of service, layoff, death, disability, or a change in control. The units were awarded at $0.00 per unit as part of executive compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Olds Nicholas G
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 13,143 | $0.00 | -- |
Holdings After Transaction:
Stock Units — 13,143 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 COP executive Nicholas G. Olds report?
Nicholas G. Olds reported receiving a grant of 13,143 stock units. These units are derivative securities that track ConocoPhillips common stock on a 1-for-1 basis and are held directly as part of his executive compensation package.
How many ConocoPhillips (COP) stock units were granted to Nicholas G. Olds?
Nicholas G. Olds was granted 13,143 stock units. Each unit represents one share of ConocoPhillips common stock, so the award provides exposure to 13,143 shares, subject to the settlement and vesting conditions described in the filing’s footnotes.
When do Nicholas G. Olds’ ConocoPhillips stock units settle?
The stock unit grant is scheduled to settle three years from the February 10, 2026 grant date. Settlement can occur earlier or partially upon qualifying retirement, layoff, death, disability, or a change in control, as outlined in the award’s terms.
What does a 1-for-1 ConocoPhillips stock unit mean for COP investors?
A 1-for-1 stock unit means each unit corresponds to one share of ConocoPhillips common stock. For the executive, this aligns the value of the award directly with the share price, creating equity-based compensation without an upfront cash purchase.
Was cash paid for Nicholas G. Olds’ 13,143 ConocoPhillips stock units?
No cash was paid for the grant; the exercise or conversion price is listed as $0.00 per unit. This indicates the award is a compensatory grant rather than a market purchase, consistent with typical long-term executive incentive programs.
How many ConocoPhillips derivative securities does Nicholas G. Olds hold after this grant?
After the reported transaction, Nicholas G. Olds beneficially owns 13,143 derivative securities in the form of stock units. These units are reported as directly owned and reference an equivalent number of ConocoPhillips common shares on a 1-for-1 basis.