ConocoPhillips director exercises 2,230 stock units

ConocoPhillips director Timothy A. Leach exercised stock units that settled into common shares.

Rhea-AI Filing Summary

ConocoPhillips director Timothy A. Leach exercised stock units that settled into common shares. On April 15, 2026, he converted 2,230 stock units, each economically equivalent to one share of common stock on a 1-for-1 basis, into 2,230 shares of common stock.

Following this derivative exercise, Leach directly owned 413,441 shares of ConocoPhillips common stock. The filing notes that stock units represented common stock on a 1-for-1 basis and settled in shares, and that some units were accumulated through routine dividend transactions.

Insider Trade Summary

2,230 shares exercised/converted

Exercise 2 txns

Insider LEACH TIMOTHY A

Role Director

Type	Security	Shares	Price	Value
Exercise	Stock Units	2,230	$0.00	$0.00
Exercise	Common Stock	2,230	$0.00	$0.00

Holdings After Transaction: Stock Units — 0 contracts (Direct); Common Stock — 413,441 shares (Direct)

Footnotes (4)

1. F1. Each stock unit was the economic equivalent of one share of common stock and settled in shares.
2. F2. Includes units acquired through routine dividend transactions that are exempt under rule 16a-11.
3. F3. The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
4. F4. The reporting person has elected to receive payment as a lump sum three months from initial grant date.

Key Figures

Stock units exercised: 2,230 units Common shares received: 2,230 shares Shares owned after transaction: 413,441 shares +2 more

5 metrics

Stock units exercised 2,230 units Converted to common stock on April 15, 2026

Common shares received 2,230 shares Result of stock unit exercise

Shares owned after transaction 413,441 shares Direct ConocoPhillips common stock holdings post-exercise

Exercise price $0.00 per share Stock unit conversion settled in shares, not cash

Derivative exercises in filing 1 transaction Form 4 transactionSummary exerciseCount

Key Terms

Stock Units, economic equivalent, rule 16a-11, 1-for-1 basis, +1 more

5 terms

Stock Units financial

"Each stock unit was the economic equivalent of one share of common stock and settled in shares."

Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.

economic equivalent financial

"Each stock unit was the economic equivalent of one share of common stock and settled in shares."

rule 16a-11 regulatory

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

1-for-1 basis financial

"The stock units represent ConocoPhillips common stock on a 1-for-1 basis."

lump sum financial

"The reporting person has elected to receive payment as a lump sum three months from initial grant date."

A lump sum is a single, one-time payment of the full amount owed instead of spreading the same money over multiple smaller payments. For investors, receiving or paying a lump sum affects cash flow, reinvestment opportunities and tax timing—like getting a full paycheck at once rather than regular paychecks—so it changes liquidity, risk exposure and the timing of returns.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ConocoPhillips (COP) director Timothy A. Leach report?

Timothy A. Leach reported exercising derivative stock units into common stock. He converted 2,230 stock units, each equal to one share, into 2,230 ConocoPhillips common shares, reflecting a routine compensation-related derivative exercise rather than an open-market purchase or sale.

How many ConocoPhillips (COP) shares did Timothy A. Leach receive from this Form 4 transaction?

He received 2,230 shares of ConocoPhillips common stock. These shares came from the exercise of 2,230 stock units that were economically equivalent to common shares on a 1-for-1 basis and settled entirely in stock rather than as a cash payment.

What are the stock units mentioned in Timothy A. Leach’s ConocoPhillips (COP) Form 4?

The stock units were derivative awards economically equivalent to one ConocoPhillips common share each. According to the disclosure, they represented common stock on a 1-for-1 basis and settled in shares, with some units accumulated through routine dividend-related transactions.

How many ConocoPhillips (COP) shares does Timothy A. Leach own after this Form 4 transaction?

After the transaction, Timothy A. Leach directly owned 413,441 shares of ConocoPhillips common stock. This post-transaction holding reflects his position following the conversion of 2,230 stock units into an equal number of common shares on April 15, 2026.

Did Timothy A. Leach buy or sell ConocoPhillips (COP) shares on the open market in this Form 4?

No open-market buy or sell is reported. The Form 4 shows a derivative exercise, where 2,230 stock units were converted into 2,230 common shares. The transaction code “M” indicates an exercise or conversion, not a market purchase or sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/17/2026 - 04:01 PM Learn about SEC filing dates

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).

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^*

LEACH TIMOTHY A

(Last) (First) (Middle)

16930 PARK ROW DR.

(Street)

HOUSTON TEXAS 77084

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

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

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

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

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
Common Stock	04/15/2026		M		2,230	A	(1)	413,441(2)	D

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	(3)	04/15/2026		M		2,230		(4)	(4)	Common Stock	2,230	$0.00	0	D

Explanation of Responses:

1. Each stock unit was the economic equivalent of one share of common stock and settled in shares.

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

3. The stock units represent ConocoPhillips common stock on a 1-for-1 basis.

4. The reporting person has elected to receive payment as a lump sum three months from initial grant date.

	Kelly B. Rose, Attorney in Fact	04/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)