LEACH TIMOTHY A 4

What Happened

• Timothy A. Leach, a director of ConocoPhillips (COP), disposed of 40,000 shares in open-market transactions on March 6, 2026. The weighted-average sale price was $118.79, for total proceeds of $4,751,684.

Key Details

• Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-09).
• Price: weighted average $118.79; individual trade prices ranged from $118.77 to $118.88 (see footnote F1 for breakdown availability).
• Shares sold: 40,000 (transaction code S = Sale).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote: F1 notes the price is a weighted average from multiple trades and that the reporting person will provide a per-price breakdown on request to the issuer, holders, or SEC staff.
• Filing timing: Form 4 shows the sale on Mar 6 and was filed Mar 9; Form 4s are generally due within two business days of a transaction—verify timeliness with the SEC if this is important.

Context

• This was an open-market sale (a disposal), which is common for insiders and does not by itself indicate the director’s view of the company’s prospects. For retail investors, purchases typically carry more signal than routine sales; treat this as factual reporting of insider activity rather than a directional endorsement.