Form 4: ConocoPhillips Executive Vice President Nicholas G. Olds Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Executive Vice President Nicholas G. Olds reports the acquisition and disposal of ConocoPhillips common stock and stock units on February 8, 2025.

Summary

  • On February 8, 2025, Nicholas G. Olds, an Executive Vice President at ConocoPhillips, reported transactions involving ConocoPhillips common stock and stock units.
  • Olds acquired 8,968 shares of common stock through the vesting of stock units.
  • He also disposed of 1,974 shares to cover tax obligations at a price of $99.36 per share.
  • Additionally, Olds holds 1,307.176 shares indirectly through the ConocoPhillips Savings Plan.
  • Following these transactions, Olds directly owns 21,516 shares of ConocoPhillips common stock and indirectly owns 1,307.176 shares through the savings plan.
  • He also holds 0 stock units.

Sentiment

Score: 5

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

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is a standard practice for executives at publicly traded companies like ConocoPhillips.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they represent a small fraction of the total outstanding shares.

Key Dates

DateDescription
02/13/2024Power of Attorney filed with the Commission
02/08/2025Date of earliest transaction (stock acquisition and disposal)
02/11/2025Signature date of the report

Keywords

ConocoPhillips, COP, Nicholas G. Olds, Stock Units, Common Stock, Form 4, Executive Vice President, Beneficial Ownership, SEC, Transaction

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