Trade Summary

1 week ago, Lance Ryan Michael, serving as COB, CEO at Conocophillips (COP), sold 500,708 shares at $92.50 per share, for a total transaction value of $46,315,490.00. Following this transaction, Lance Ryan Michael now holds 460,685 shares of COP.

This sale represents a 52.00% decrease in Lance Ryan Michael's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, December 19, 2025 and publicly disclosed via SEC Form 4 filing on Tuesday, December 23, 2025, 4 days after the trade was made.

Conocophillips operates in the ENERGY sector, specifically within the OIL & GAS E&P industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.