ConocoPhillips (NYSE: COP) general counsel sells 15K shares
Rhea-AI Filing Summary
CONOCOPHILLIPS (COP) reported that officer Rose Kelly Brunetti, SVP & General Counsel, sold 15,000 shares of common stock on 2026-08-20 in a sale classified as an open market or private transaction. The reported weighted average sale price was $134.515 per share, and her directly held stake afterward was 10,284 shares.
The sale price reflects a weighted average of multiple trades executed in a price range from $134.400 to $134.610. The Rule 10b5-1 trading plan checkbox was not marked as applicable for this transaction.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Seller: 15,000 shares
Net Sell
1 txn
Insider
Rose Kelly Brunetti
Role
SVP & General Counsel
Sold
15,000 shs ($2.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 15,000 | $134.515 | $2.02M |
Holdings After Transaction:
Common Stock — 10,284 shares (Direct)
Footnotes (1)
- F1. The price is a weighted average price. These shares were sold in multiple transactions at prices from $134.400 to $134.610, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range provided herein.
Key Figures
Shares sold: 15,000 shares of Common Stock
Weighted average sale price: $134.515 per share
Post-transaction holdings: 10,284 shares
+2 more
5 metrics
Shares sold
15,000 shares of Common Stock
Non-derivative sale by SVP & General Counsel on 2026-08-20
Weighted average sale price
$134.515 per share
Open market or private sale of 15,000 shares on 2026-08-20
Post-transaction holdings
10,284 shares
Directly held COP common stock after the reported sale
Sale price range low
$134.400 per share
Lowest price in the multiple transactions included in the sale
Sale price range high
$134.610 per share
Highest price in the multiple transactions included in the sale
Key Terms
weighted average price, open market or private transaction, Rule 10b5-1
3 terms
weighted average price financial
"The price is a weighted average price. These shares were sold in multiple"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did CONOCOPHILLIPS (COP) disclose in this Form 4?
CONOCOPHILLIPS disclosed that SVP & General Counsel Rose Kelly Brunetti sold 15,000 shares of COP common stock on 2026-08-20 in a transaction coded as a sale in open market or private transaction.
Was the COP insider sale executed under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not marked as applicable, so the reported sale by Rose Kelly Brunetti was not affirmed as being made under a Rule 10b5-1 trading plan.
What does the price range disclosed in the COP Form 4 mean?
The Form 4 explains that the $134.515 price is a weighted average; the 15,000 shares were sold in multiple transactions at prices from $134.400 to $134.610. Full breakdowns by price level are available upon request to the issuer or the SEC staff.
AI-generated analysis. How Rhea-AI works. Not financial advice.