ConocoPhillips EVP Sells $1.7M in Shares

Nicholas Olds reduces stake by over 50% amid insider selling activity

Mar. 17, 2026 at 8:19am

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ConocoPhillips (NYSE:COP) Executive Vice President Nicholas Olds sold 14,522 shares of the company's stock for a total transaction of $1,733,345.92. The sale represents a 53.96% decrease in Olds' ownership stake in the energy company.

Why it matters

Insider selling activity can sometimes signal concerns about a company's future prospects, though the reasons behind the sales are not always clear. This transaction adds to a pattern of profit-taking by senior ConocoPhillips executives in recent weeks, which may impact investor sentiment around the stock.

The details

Olds sold the shares at an average price of $119.36 on March 12th. Following the transaction, Olds now directly owns 12,389 shares of ConocoPhillips stock, valued at approximately $1.48 million. The sale represents a 53.96% reduction in Olds' ownership stake in the company.

  • Olds sold the shares on March 12, 2026.

The players

Nicholas Olds

Executive Vice President of ConocoPhillips.

ConocoPhillips

An international energy company focused on exploration and production of oil and natural gas.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The insider selling activity at ConocoPhillips raises questions about the company's near-term outlook, though the exact reasons behind the transactions are unclear. Investors will be closely watching for any further developments or commentary from company leadership.