Price / Share
$119.68
Shares
34,500
Type
Sale
Security
Common Stock
AI Analysis
ConocoPhillips Senior Vice President Andrew D. Lundquist sold 34,500 shares on March 13, 2026 at $119.68 per share, a transaction worth about $4.13 million. By dollar value, this is one of the larger insider sales reported at the company in recent weeks and stands out because it came from a senior executive with visibility into operations and strategy.
Insider sales can happen for many reasons, including diversification or personal financial planning, but clusters of selling often draw attention because they show multiple leaders reducing exposure around the same time. Over the past 30 days, ConocoPhillips has logged several notable sales: Executive Vice President Nicholas G. Olds sold about $1.41 million on March 11, about $1.73 million on March 12, and VP & Controller Welsh Kontessa S. Haynes sold about $1.24 million on March 12. Another sale was reported on March 13 by Heather G. Hrap for roughly $318,000.
Taken together, the pattern points to broad-based selling activity among executives rather than an isolated transaction. Retail investors often watch whether insider activity is mostly selling or includes meaningful buying, since purchases can signal confidence while sales are more ambiguous and may reflect routine planning.
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Insider
LUNDQUIST ANDREW D
Title
Senior Vice President
Filed with SEC
Mar 13, 2026, 12:00 AM
Accession #
0001193125-26-108299