COP - Conocophillips

Insider Sale by Lance Ryan Michael (COB, CEO)

1 Month
After Trade
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Trade Summary

4 days ago, Lance Ryan Michael, serving as COB, CEO at Conocophillips (COP), sold 506,800 shares at $127.26 per share, for a total transaction value of $64,493,594.00. Following this transaction, Lance Ryan Michael now holds 491,702 shares of COP.

This sale represents a 51.00% 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, March 20, 2026 and publicly disclosed via SEC Form 4 filing on Monday, March 23, 2026, 3 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.

Lance Ryan Michael

Lance Ryan Michael

COB, CEO

Ryan Michael Lance is the Chairman and Chief Executive Officer (COB, CEO) of ConocoPhillips (COP), a leading independent exploration and production company, a position he has held since May 2012[[1]](https://www.conocophillips.com/about-us/leadership/ryan-lance/)[[4]](https://en.wikipedia.org/wiki/Ryan_Lance). Born on May 21, 1962, in Butte, Montana, Lance earned a Bachelor of Science in petroleum engineering from Montana Technological University in 1984, funding his education through work on oil rigs[[1]](https://www.conocophillips.com/about-us/leadership/ryan-lance/)[[3]](https://mtech.edu/news/2023/04/montana-tech-alumnus-ryan-lance-84-chairman-and-ceo-of-conocophillips-company-and-his-wife-lisa-make-historic-31-million-gift-to-montana-technological-university.html)[[6]](https://www.climatecriminals.org/ryan-lance). With over four decades of experience in the oil and natural gas industry, his career includes senior roles at ConocoPhillips, predecessor Phillips Petroleum, and ARCO divisions, such as international exploration and production, regional leadership in Asia, Africa, the Middle East, and North America, and oversight of technology and major projects[[1]](https://www.conocophillips.com/about-us/leadership/ryan-lance/)[[5]](https://fcx.com/node/1361). Under Lance's leadership, ConocoPhillips transformed into a 'superindependent' through strategic divestments, organic growth, and key acquisitions including Concho Resources (2020), Shell's U.S. unconventional assets (2021), Surmont oil sands (2023), and Marathon Oil ($22.5 billion in 2024), boosting production to nearly 2.4 million barrels of oil equivalent per day by Q2 2025[[2]](https://www.energyintel.com/00000199-cdd9-d804-add9-cdff1f310001). He serves on boards including National Fish and Wildlife Foundation, George and Barbara Bush Foundation, PGA Reach, Spindletop International, Freeport-McMoRan, and is involved with the American Petroleum Institute and National Petroleum Council[[1]](https://www.conocophillips.com/about-us/leadership/ryan-lance/)[[4]](https://en.wikipedia.org/wiki/Ryan_Lance)[[5]](https://fcx.com/node/1361)[[7]](https://www.gurufocus.com/insider/10325/ryan-michael-lance). Lance and his wife Lisa donated $31 million to Montana Technological University in 2023 to support energy education and research[[3]](https://mtech.edu/news/2023/04/montana-tech-alumnus-ryan-lance-84-chairman-and-ceo-of-conocophillips-company-and-his-wife-lisa-make-historic-31-million-gift-to-montana-technological-university.html). As a corporate insider, he owns significant COP shares[[7]](https://www.gurufocus.com/insider/10325/ryan-michael-lance).

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Trade Price

$127.26

Quantity

506,800

Total Value

$64,493,594.00

Shares Owned

491,702

Trade Date

Friday, March 20, 2026

4 days ago

SEC Filing Date

Monday, March 23, 2026

Filed 3 days after trade

ENERGYOIL & GAS E&P

About Conocophillips

Company Overview

No company information available
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