Form 4: ConocoPhillips Director Niblock Reports Stock Unit Acquisition
SEC Form 4 Filing
Director Robert A. Niblock reports acquisition of stock units in ConocoPhillips on September 30, 2024.
Summary
- Robert A. Niblock, a director of ConocoPhillips, reported the acquisition of 77 stock units on September 30, 2024.
- These stock units convert to ConocoPhillips common stock on a 1-for-1 basis.
- The price of the transaction was $104.725 per unit.
- Following the transaction, Niblock beneficially owns 84,327.1426 stock units.
- Niblock has elected to receive payment for these units in five equal annual installments starting one year after separation from service, with the option to change the deferred payment schedule.
- The reported holdings include units acquired through routine dividend transactions.
Sentiment
Score: 5
Explanation: This is a routine filing, indicating standard insider activity. It doesn't inherently suggest positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 03/04/2024 | Power of Attorney filed with the Commission |
| 09/30/2024 | Transaction Date: Acquisition of stock units |
| 10/02/2024 | Date of report |
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