Rose Kelly Brunetti 4
Research Summary
AI-generated summary
ConocoPhillips (COP) SVP Rose Kelly Brunetti Receives 11,172-Share Award
What Happened
- Rose Kelly Brunetti, SVP & General Counsel of ConocoPhillips (COP), was granted 11,172 restricted stock units (derivative securities) on 2026-02-10. The units were reported at a $0 acquisition price on the Form 4 because they are a compensation award rather than a cash purchase. The award represents 11,172 potential shares of COP common stock on a 1-for-1 basis and does not represent immediate sale or cash proceeds.
Key Details
- Transaction date: 2026-02-10; Filing date / Reported: 2026-02-12 (Period of Report 2026-02-10). Transaction code: A (award/grant).
- Price reported: $0.00 per unit (compensation award, no cash paid).
- Shares/units granted: 11,172 restricted stock units (each converts to one share if/when settled).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 — units represent ConocoPhillips common stock on a 1-for-1 basis. F2 — the award settles three years from the grant date, subject to earlier or partial settlement upon certain events (termination after attaining age 55 with five years’ service, layoff, death or disability, or change in control).
- Filing timeliness: filing appears timely (no late-file indication).
Context
- These restricted stock units are a form of long-term compensation and do not create immediate market buying or selling pressure; value will depend on COP’s share price when/if the units settle. Such awards are common for retention and executive compensation and should be interpreted as compensation practices rather than a direct bullish or bearish trading signal.