ConocoPhillips (COP) director Mulligan reports 2,215 stock unit grant

Rhea-AI Filing Summary

ConocoPhillips director Sharmila Mulligan reported an acquisition of deferred stock units linked to ConocoPhillips common stock. On 01/15/2026, she received 2,215 stock units as a derivative security at a reference price of $99.34 per unit. Each unit converts into one share of ConocoPhillips common stock on a 1-for-1 basis.

After this transaction, Mulligan beneficially owns 26,253.759 stock units directly. She has elected to receive payment for these units as a lump sum six months after separation from service, with the ability to change that election to an alternative deferred payment schedule. The reported holdings include units that were acquired through routine dividend transactions that are exempt under Rule 16a-11.

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

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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^*

Mulligan Sharmila

(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)
01/15/2026

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)	01/15/2026		A		2,215		(2)	(2)	Common Stock	2,215	$99.34	26,253.759(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 units acquired through routine dividend transactions that are exempt under rule 16a-11.

	Kelly B. Rose, Attorney in Fact (by Power of Attorney filed herewith)	01/20/2026
	** 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 insider transaction did ConocoPhillips (COP) director Sharmila Mulligan report?

On 01/15/2026, ConocoPhillips director Sharmila Mulligan reported the acquisition of 2,215 stock units as a derivative security tied to ConocoPhillips common stock.

How do the reported stock units for ConocoPhillips (COP) convert into common shares?

The filing states that the stock units convert to ConocoPhillips common stock on a 1-for-1 basis, meaning each unit represents one share of common stock.

What is the total number of stock units Sharmila Mulligan owns after this ConocoPhillips (COP) transaction?

Following the reported transaction, Sharmila Mulligan beneficially owns 26,253.759 stock units directly.

What price was used for the ConocoPhillips (COP) stock unit grant reported on 01/15/2026?

The reported transaction shows a reference price of $99.34 per stock unit for the 2,215 stock units acquired.

When will the ConocoPhillips (COP) stock units granted to Sharmila Mulligan be paid out?

The reporting person has elected to receive payment as a lump sum six months following separation from service, with the option to change to an alternative deferred payment schedule.

Do the reported ConocoPhillips (COP) stock units include dividend-related amounts?

Yes. The filing explains that the total includes units acquired through routine dividend transactions that are exempt under Rule 16a-11.