JOHNSON KIRK L. 4

What Happened

• Kirk L. Johnson, Executive Vice President of ConocoPhillips, was granted 12,212 stock units (reported as a derivative grant) on 2026-02-10. The Form 4 records the acquisition price as $0.00 for the award. These units represent ConocoPhillips common stock on a 1-for-1 basis but are not immediate open-market purchases or sales.

Key Details

• Transaction date: 2026-02-10; Filing date (Form 4): 2026-02-12 (appears timely).
• Transaction type/code: Grant/Award (A) — 12,212 stock units; reported acquisition price $0.00.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F1 — units convert to common stock 1-for-1; F2 — units settle three years from grant date, with earlier or partial settlement only upon certain events (attainment of age 55 with five years’ service, layoff, death/disability, or a change in control).

Context

• These are restricted stock units (derivative awards) that will convert into actual shares at settlement, so this is compensation-related and not an immediate market purchase or sale. The economic value to the insider will depend on COP’s stock price at settlement.