ConocoPhillips (COP) director awarded 2,215 stock units at $99.34
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ConocoPhillips director Robert A. Niblock reported an award of 2,215 stock units on ConocoPhillips common stock, coded as an acquisition. The stock units convert to common shares on a 1-for-1 basis at settlement. The form shows a reference price of $99.34 per stock unit and indicates that, after this transaction, Niblock beneficially owns 93,560.937 stock units directly.
The reporting person has elected to receive payment of these units in five equal annual installments beginning one year after separation from service, with the option to change to an alternative deferred payment schedule. The total reported holdings also include units accumulated through routine dividend transactions that are exempt under Rule 16a-11.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NIBLOCK ROBERT A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 2,215 | $99.34 | $220K |
Holdings After Transaction:
Stock Units — 93,560.937 shares (Direct)
Footnotes (1)
- The stock units convert to ConocoPhillips common stock on a 1-for-1 basis. The reporting person has elected to receive payment in five equal annual installments beginning one year following separation from service, which election may be changed by the reporting person to provide for an alternative schedule of deferred payments. Includes units acquired through routine dividend transactions that are exempt under rule 16a-11.
FAQ
What insider transaction did ConocoPhillips (COP) report for Robert A. Niblock?
The filing reports that director Robert A. Niblock acquired 2,215 stock units linked to ConocoPhillips common stock, coded as an acquisition of derivative securities.
How do the reported ConocoPhillips (COP) stock units held by Robert A. Niblock convert to common shares?
The filing states that the stock units convert to ConocoPhillips common stock on a 1-for-1 basis, meaning each unit corresponds to one share at settlement.
What is the total number of ConocoPhillips (COP) stock units Robert A. Niblock holds after this transaction?
After the reported acquisition, Robert A. Niblock beneficially owns 93,560.937 stock units directly, according to the filing.
At what price were the ConocoPhillips (COP) stock units in this Form 4 referenced?
The Form 4 shows a reference price of $99.34 per stock unit for the 2,215 derivative stock units acquired.
How and when will Robert A. Niblock receive payment for his ConocoPhillips (COP) stock units?
The reporting person elected to receive payment in five equal annual installments beginning one year after separation from service, with the ability to change to an alternative deferred schedule.