NIBLOCK ROBERT A 4
Research Summary
AI-generated summary
ConocoPhillips Director Robert A. Niblock Receives 322-Share Award
What Happened
- Robert A. Niblock, a director of ConocoPhillips (COP), received 322 stock units (derivative award) on 2026-06-15. The units are valued at $112.18 per share, totaling $36,122. This was an award/acquisition (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-15; Form 4 filed 2026-06-16 (timely; Form 4 is generally due within two business days).
- Shares/units received: 322 at $112.18 each — total value $36,122 (derivative stock units).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — units represent ConocoPhillips common stock on a 1-for-1 basis; F2 — reporting person elected to receive payment in five equal annual installments beginning one year after separation (election may be changed); F3 — includes dividend equivalent units acquired through routine transactions exempt under Rule 16a-11.
- Transaction code: A = Award/Grant (derivative).
Context
- This is a compensation award (derivative stock units), commonly used for director pay. It is different from a market purchase or sale and does not, by itself, indicate buying/selling sentiment. The award can be paid out over time per the holder’s deferred-payment election, and dividend equivalents were also recorded under routine exemptions.
Loading document...