Rose Kelly Brunetti 4
4 · CONOCOPHILLIPS · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
ConocoPhillips SVP Rose Kelly Brunetti Exercises Options, Sells Shares
What Happened
- Rose Kelly Brunetti, SVP & General Counsel of ConocoPhillips (COP), exercised/converted 10,050 stock units on Feb 14, 2026. To cover tax withholding related to the exercise, 3,719 shares were withheld/disposed at $111.23 per share, producing proceeds of $413,664. After withholding, Brunetti received a net of 6,331 shares (10,050 exercised minus 3,719 withheld).
Key Details
- Transaction date: February 14, 2026. Form filed February 18, 2026.
- Exercise/conversion: 10,050 stock units (derivative exercise, code M).
- Tax/payment withholding: 3,719 shares disposed at $111.23 each for $413,664 (code F).
- Report shows an additional derivative entry reflecting the conversion/settlement of the 10,050 units (zero-dollar disposition entry consistent with internal settlement reporting).
- Shares owned after the transaction: not stated in the provided filing.
- Footnotes: units include dividend equivalents (F1); each stock unit equals one share and settles in shares (F2–F3); the award generally settles three years from grant subject to certain early/partial settlement conditions (F4).
- No late-filing flag noted in the provided information.
Context
- This was an exercise/conversion combined with a routine tax-withholding disposition (common in cashless or net-share settlements). The withholding of shares to satisfy tax obligations (code F) is a standard administrative action and does not, by itself, indicate a change in insider sentiment.
Insider Transaction Report
Form 4
Rose Kelly Brunetti
SVP & General Counsel
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-02-14+10,050→ 45,203 total - Tax Payment
Common Stock
2026-02-14$111.23/sh−3,719$413,664→ 41,484 total - Exercise/Conversion
Stock Units
[F3][F4]2026-02-14−10,050→ 0 totalExp: 2026-02-14→ Common Stock (10,050 underlying)
Footnotes (4)
- [F1]The amount includes units acquired as dividend equivalents pursuant to the award agreement.
- [F2]Each stock unit was the economic equivalent of one share of common stock and settled in shares.
- [F3]The stock units represent ConocoPhillips common stock on a 1-for-1 basis.
- [F4]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.
Signature
Kelly B. Rose|2026-02-18