ConocoPhillips Director Robert A. Niblock Receives 270-Share Award

What Happened Robert A. Niblock, a director of ConocoPhillips (COP), was granted 270 stock units (derivative award) on Sept 15, 2026. The units are recorded at $138.97 each for a total value of $37,522. This was an award/acquisition (not an open-market purchase or sale) credited as derivative stock units that represent common shares on a 1-for-1 basis.

Key Details

• Transaction date and price: 2026-09-15; 270 units @ $138.97 each (total $37,522).
• Filing date: Form 4 filed 2026-09-16 (one day after the transaction); appears timely under Section 16 reporting rules.
• Shares owned after transaction: Not disclosed in the provided excerpt.
• Footnotes: F1 — units convert 1-for-1 to common stock; F2 — the reporting person elected to receive payment in five equal annual installments beginning one year after separation from service (election may be changed); F3 — includes dividend-equivalent units acquired via routine transactions exempt under Rule 16a-11.
• Transaction code: A (award/grant of derivative stock units).

Context This was a routine director compensation award credited as stock units (derivative instruments) rather than an open-market trade. Such awards are commonly used for board pay and may be subject to deferral and dividend-equivalent credits as noted. This entry is informational and does not, by itself, indicate buying or selling sentiment.