LUNDQUIST ANDREW D 4

What Happened
Andrew D. Lundquist, Senior Vice President of ConocoPhillips (COP), was granted 5,058 stock units on 2026-02-10. The units are reported as a derivative award (transaction code A) with a reported acquisition price of $0.00; they represent rights to ConocoPhillips common stock on a 1-for-1 basis and will convert into shares upon settlement. This is a compensation award (not a market purchase or sale).

Key Details

• Transaction date: 2026-02-10; Form 4 filed 2026-02-12 (filed within standard 2-business-day window).
• Transaction type: Grant / award of stock units (derivative). Reported price: $0.00.
• Quantity: 5,058 stock units (each unit = 1 share on settlement).
• Shares owned after transaction: not specified in this filing.
• Footnotes: F1 — units convert 1-for-1 to ConocoPhillips common stock. F2 — units settle 3 years from grant, with earlier or partial settlement allowed upon certain events (termination after age 55 with 5 years’ service, layoff, death, disability, or change in control).
• No sale or purchase of outstanding shares occurred; this is a compensation grant.

Context
Stock units (often called restricted stock units, RSUs) are a deferred-compensation award that converts to actual shares only upon settlement/vesting. Grants are common executive compensation and do not by themselves signal a buy or sell decision in the open market.