HAYNES WELSH KONTESSA S 4

What Happened

• Haynes Welsh Kontessa S, VP & Controller of ConocoPhillips (COP), sold 10,339 shares in an open-market sale on March 12, 2026. The weighted-average price was $120.07, producing proceeds of approximately $1,241,406.
• This is a sale (not a purchase). Sales by executives are often routine (e.g., diversification or tax-related) and do not by themselves indicate company performance.

Key Details

• Transaction date: 2026-03-12; Filing date: 2026-03-13 (filed the next day — timely under Form 4 rules).
• Price: weighted average $120.07; actual sale prices ranged from $120.05 to $120.185 (see footnote F1).
• Shares sold: 10,339; Proceeds: ~$1,241,406.
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnotes:
  • F1: Price is a weighted average; reporting person can provide breakdown of shares sold at each price within the $120.05–$120.185 range upon request.
  • F2: Notes that certain units included in holdings were acquired through routine dividend reinvestment (Rule 16a-11) and a qualified plan (Rule 16b-3) — these are exempt transactions affecting reported ownership.

Context

• This report documents a straightforward sale of already-owned shares. For retail investors, purchases are typically more informative about insider conviction; sales can be routine and should be interpreted with caution unless part of a pattern or large relative to holdings.