Form 4: ConocoPhillips SVP & General Counsel Rose Kelly Brunetti Reports Stock Unit Settlement and Share Disposals
SEC Form 4 Filing
Rose Kelly Brunetti, SVP & General Counsel of ConocoPhillips, reported the settlement of stock units and subsequent disposal of shares to cover tax obligations on February 8, 2025.
Summary
- On February 8, 2025, Rose Kelly Brunetti, SVP & General Counsel of ConocoPhillips, reported transactions involving ConocoPhillips common stock.
- Brunetti settled 12,050 stock units, each equivalent to one share of common stock.
- Following the settlement, Brunetti disposed of 2,950 shares at a price of $99.36 per share to satisfy tax obligations.
- After these transactions, Brunetti directly owns 35,153 shares of ConocoPhillips common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reflects routine insider transactions related to stock unit settlements and tax obligations.
Future Outlook
The stock units grant settles 3 years from date of grant, subject to earlier or partial settlement upon termination of employment after attainment of age 55 with five years of service, layoff, death or disability, or a change in control.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent routine insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 02/13/2024 | Power of Attorney filed with the Commission |
| 02/08/2025 | Date of earliest transaction: Stock unit settlement and share disposal |
| 02/11/2025 | Date of signature on the Form 4 filing |
Keywords
ConocoPhillips, COP, Rose Kelly Brunetti, Stock Units, Form 4, SEC Filing, Insider Trading, Beneficial Ownership, General Counsel
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