Hrap Heather G. 4

What Happened

• Heather G. Hrap, Senior Vice President at ConocoPhillips (COP), sold 2,654 shares in an open-market transaction on March 13, 2026, at $119.68 per share, generating proceeds of about $317,631. This was a sale (not a purchase); sales by insiders can be routine and do not necessarily signal a change in company outlook.

Key Details

• Transaction date and price: 2026-03-13 — sale of 2,654 shares at $119.68 each.
• Total value: approximately $317,631 (proceeds).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: F1 notes holdings may include units from routine dividend reinvestment (Rule 16a-11) and a qualified plan exempt under Rule 16b-3.
• Filing timeliness: The Form 4 was filed on 2026-03-16; because the sale occurred on 2026-03-13, the filing appears to be late under the two-business-day Form 4 rule (may attract regulatory attention).

Context

• This report shows an open-market sale only — no options exercised, gifts, or awards were reported in this transaction. For retail investors, a single routine sale by an executive is not by itself a clear signal of company direction; consider it alongside broader insider activity and company fundamentals.