COP CONOCOPHILLIPS

BEARISH Impact: 6/10 Insider Cluster (3 insiders)
Horizon days Filed Mar 6, 2026 Processed 3mo ago
Insider cluster: 3 insiders, $7.2M total
Final — all horizons settled through T+60d
COP ▼ -1.20% at T+60d
SHORT call ✓ call won +1.20% · α vs SPY +13.98% · entry $116.99 → $115.58
Last close $116.98 (close Jun 12) · +0.01% from $116.99 entry (call sign-flipped)
Entry anchored
Mar 5, 03:59 PM ET
via Databento tick
T+1d
-0.01%
call +0.01% · α +0.85%
$116.98
settled 3mo ago
T+5d
+4.02%
call -4.02% · α -5.55%
$121.69
settled 3mo ago
T+20d
+12.43%
call -12.43% · α -14.47%
$131.53
settled 2mo ago
T+60d
-1.20%
call +1.20% · α +13.98%
$115.58
settled 14d ago

Price Chart

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Executive Summary

Three ConocoPhillips insiders sold shares in the past week, including two executives and a director, generating over $7.1 million in open-market sales. The largest sale came from Director Timothy Leach (40,000 shares, $4.75M), followed by EVP Nicholas Olds (12,150 shares, $1.41M) and SVP Kelly Brunetti (8,500 shares, $1.00M). Olds also exercised options, a non-cash event. Total open-market sales in the cluster amount to $7.17M.

Key Financial Metrics

Direction
selling
Total Value
$7.2M
Insiders
3

Actionable Insight

Monitor for additional insider selling in the coming weeks, especially from C-suite executives. While the dollar amount is small relative to market cap, coordinated sales by senior leadership — including a board director — may signal caution ahead of earnings or macro concerns in the energy sector.

Key Facts

  • Director Timothy Leach sold 40,000 shares for $4.75 million at $118.79, the largest open-market sale in the cluster.
  • EVP Nicholas Olds sold 12,150 shares for $1.41 million and exercised options on 24,300 shares (non-cash transactions totaling $604,523 in value).
  • SVP Kelly Brunetti sold 8,500 shares for $1.00 million.
  • Total open-market sales: $7.17 million across three insiders.
  • Sales represent approximately 0.005% of COP's $143.1B market cap — modest in scale but notable due to insider ranks.

Financial Impact

$7.17 million in open-market insider sales over 7 days

insider sentimentshareholder confidence

Risk Factors

  • Insider selling could accelerate if oil prices weaken or geopolitical risks subside, reducing near-term upside.
  • Perception of negative sentiment from top leadership may weigh on investor confidence, especially if no offsetting buybacks or positive guidance follows.

Market Snapshot

Exchange
NYSE
Analyst Consensus
73% bullish (33 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (5 trades, 7d window)cluster-COP-1773346097118
9 reports for COP
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+20▲ +8.09%Mar 20, 2026
Filters
Rows
Reports for COP — sortable, filterable
Type Now
May 27, 2026
19d ago
Court Ruling
BEARISH ★ 5/10
$115.14 $116.87▼ −1.51%▼ −0.30%$116.98 (−1.60%)
Mar 30, 2026
10w ago
DEFA14A
NEUTRAL ★ 3/10
$132.86 $131.77▼ −0.82%▼ −5.12%$116.98 (−11.95%)
Mar 20, 2026
12w ago
Insider Cluster
BEARISH ★ 8/10
$126.70 $133.79▼ −5.60%▼ −7.75%$116.98 (+7.67%)
Mar 20, 2026
12w ago
Insider Cluster
NEUTRAL ★ 5/10
$126.70 $133.79▲ +5.60%▲ +7.75%$116.98 (−7.67%)
Mar 13, 2026
13w ago
Insider Cluster
BEARISH ★ 7/10
$121.69 $126.70▼ −4.12%▼ −6.24%$116.98 (+3.87%)
Mar 9, 2026
14w ago
Insider Cluster
NEUTRAL ★ 5/10
$116.98 $121.27▲ +3.67%▲ +5.02%$116.98 (+0.00%)
Mar 6, 2026
14w ago
Insider Cluster
NEUTRAL ★ 5/10
$116.99 $121.69▲ +4.02%▲ +5.55%$116.98 (−0.01%)
Mar 6, 2026
14w ago
Insider Cluster
NEUTRAL ★ 4/10
$116.99 $121.69▲ +4.02%▲ +5.55%$116.98 (−0.01%)
Mar 6, 2026
14w ago
Insider Cluster
BEARISH ★ 6/10
$116.99 $121.69▼ −4.02%▼ −5.55%$116.98 (+0.01%)
Showing 9 of 9

US Market Status

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