Form 4: ConocoPhillips Executive Christopher P. Delk Reports Stock Unit Settlement and Tax Withholding

Sentiment:

SEC Form 4 Filing


Christopher P. Delk, Vice President and Controller of ConocoPhillips, reports the settlement of stock units and related tax withholding on February 8, 2025.

Summary

  • On February 8, 2025, Christopher P. Delk, Vice President and Controller of ConocoPhillips, reported transactions involving ConocoPhillips common stock.
  • Mr. Delk settled 3,579 stock units, each equivalent to one share of common stock.
  • He also disposed of 917 shares to cover tax obligations at a price of $99.36 per share.
  • Following these transactions, Mr. Delk directly owns 2,662 shares of ConocoPhillips common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common among executives of publicly traded companies like ConocoPhillips. These filings provide transparency into the trading activities of company insiders.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.

Key Dates

DateDescription
02/13/2024Power of Attorney filed with the Commission
02/08/2025Date of stock unit settlement and tax withholding
02/11/2025Date of signature for the Form 4 filing

Keywords

ConocoPhillips, COP, stock units, Form 4, Delk, Christopher P. Delk, insider trading, beneficial ownership, securities, tax withholding

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