ConocoPhillips (COP) SVP Andrew Lundquist Sells 9,487 Shares

What Happened

Andrew D. Lundquist, Senior Vice President of ConocoPhillips (COP), sold 9,487 shares in an open-market transaction on August 21, 2026. The shares were sold at $135.15 each for a total proceeds of approximately $1,282,168. This was a sale (disposition) rather than a purchase or option exercise.

Key Details

• Transaction date: August 21, 2026
• Price per share: $135.15
• Shares sold: 9,487
• Total proceeds: $1,282,168 (approx.)
• Transaction type: Open-market sale (Form 4 code S)
• Shares owned after transaction: Not specified in the provided filing summary
• Footnotes/plan indicators: None specified (no 10b5-1 plan, tax withholding, or other notes provided in the data)
• Filing date / accession: Form 4 filed Aug 24, 2026 (Accession 0001193125-26-362752). No explicit late-filing flag was provided in the summary.

Context

Sales by corporate officers can be routine (for diversification, taxes, or liquidity) and do not by themselves indicate a change in company outlook. Purchases are often treated as a stronger signal of insider confidence. This report documents a straightforward open-market sale by an executive and contains no indication of option exercise, gift, or complex derivative action.