Form 4: ConocoPhillips Executive Vice President Bullock Reports Stock Transactions

Executive Vice President and CFO of ConocoPhillips, William L. Bullock Jr., reports acquisition and disposal of company stock and stock units.

Summary

• On February 8, 2025, William L. Bullock Jr., Executive Vice President & CFO of ConocoPhillips, reported transactions involving ConocoPhillips common stock and stock units.
• Bullock acquired 14,591 shares of common stock through the exercise of stock units.
• He also disposed of 3,890 shares of common stock to cover tax obligations at a price of $99.36 per share.
• Following these transactions, Bullock directly owns 13,600 shares of ConocoPhillips common stock.
• Bullock also has indirect ownership through the ConocoPhillips Savings Plan (5,428.383 shares), the William L. Bullock Family Trust (266 shares), and the Sharon D. Bullock 2024 Family Trust (41,254 shares).

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.

Comparison to Industry Standards

• Executive stock transactions are a common occurrence in publicly traded companies.
• These transactions are heavily regulated and monitored to prevent insider trading and ensure fair market practices.
• Similar filings are made by executives at companies like ExxonMobil (XOM), Chevron (CVX), and Shell (SHEL).

Stakeholder Impact

• The transactions may have a minor impact on shareholders, as they provide insight into executive compensation and stock ownership.
• The transactions are unlikely to significantly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

ConocoPhillips, COP, William L. Bullock Jr., Stock Units, Common Stock, Form 4, Insider Trading, Executive Compensation