Olds Nicholas G 4

What Happened

• Nicholas G. Olds, Executive Vice President of ConocoPhillips (COP), sold 6,994 shares in an open-market transaction on March 23, 2026.
• The shares were disposed at $127.06 per share, for total proceeds of approximately $888,651. This transaction is a sale (not a purchase or option exercise).

Key Details

• Transaction date and price: 2026-03-23 at $127.06 per share.
• Total value: ~$888,651 for 6,994 shares.
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnote F1: Notes that included units may reflect routine dividend reinvestment transactions exempt under Rule 16a‑11 and units acquired through a qualified plan exempt under Rule 16b‑3. These exemptions relate to how some shares were acquired and do not change that this filing reports a sale.
• Timeliness: The Form 4 was filed with the SEC on 2026-03-23 (same day), indicating a timely filing.

Context

• This was an open-market sale (transaction code S). Sales by executives can be routine (e.g., diversification, tax planning) but are not by themselves a clear signal of company prospects. There is no indication in the filing that this was an option exercise, gift, or part of a prearranged 10b5‑1 plan.