O'BRIEN ANDREW M. 4
Research Summary
AI-generated summary
ConocoPhillips CFO Andrew M. O'Brien Receives Stock Award
What Happened
Andrew M. O'Brien, Executive Vice President & Chief Financial Officer of ConocoPhillips (COP), received a grant of 12,212 stock units on 2026-02-10. The units are reported at $0.00 (derivative award), meaning this was a compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-10. Form 4 filed 2026-02-12 (within the required reporting window).
- Security/Type: 12,212 stock units (derivative award), reported price $0.00, transaction code A (award/grant).
- Shares owned after transaction: not specified in this filing.
- Footnote highlights:
- F1: Each stock unit represents one ConocoPhillips common share on a 1-for-1 basis.
- F2: The award generally settles 3 years from the grant date, with earlier or partial settlement possible upon certain termination events (post-age-55 with five years' service), layoff, death or disability, or a change in control.
Context: This is a standard equity compensation award intended to align executive pay with shareholder returns. The reported $0.00 reflects that shares were granted (not bought); future value depends on COP's stock price at settlement and whether vesting/settlement conditions are met. Such grants are routine and do not, by themselves, indicate the insider is buying or selling stock.
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