Lance Ryan Michael

Lance Ryan Michael sold 113,221 shares of COP at $132.71 on 2026-03-31, reducing holdings by 24.4%; stock up 16.3% in 30 days, 41.0% in 90 days.

Lance Ryan Michael, Chairman and CEO of ConocoPhillips, sold 113,221 shares for $15,025,389.08, reducing his stake from 463,221 to 350,000 shares (a 24.4% reduction). The sale occurred at $132.71, near the 52-week high of $133.80, just as the stock has experienced strong momentum with 90-day returns of 41.0%. Notably, this marks the second sale within an 11-day window (a prior sale on 2026-03-20 also remains immeasurable). His same-ticker sales history shows mixed timing: 2 of 3 measurable COP sales yielded negative 90-day returns, indicating some success identifying peaks, though the most recent completed sale (2025-12-19) resulted in a +36.2% 90-day return, meaning the stock continued rising after his sale. The transaction size and timing merit monitoring as the stock consolidates near decade-high valuations and the executive continues to liquidate positions.

COP Chairman/CEO Lance Ryan Michael sold 506,800 shares ($64.5M) on 2026-03-20, retaining 6,835 shares (98.7% reduction).

Lance Ryan Michael sold 506,800 shares at $127.26, reducing his holdings from 513,635 to 6,835 shares—a near-complete exit of his open-market position. The sale price of $127.26 was at the 52-week high of $127.19, occurring as the stock was up 15.1% over 30 days and 37.2% over 90 days, suggesting a point of peak valuation. His prior three trades at COP show mixed timing: two of three prior sales were well-timed at the 90-day mark (the 2025-12-19 sale yielded +36.2% post-sale return, the 2024-03-25 sale yielded -11.6%), establishing a pattern where this insider has sometimes sold ahead of declines at this ticker. The magnitude of this transaction—disposing of 98.7% of visible holdings—stands out as material and warrants close monitoring of whether subsequent price action aligns with historical timing patterns or signals a material change in COP's fundamentals or leadership strategy.

Chairman/CEO Lance Ryan Michael sells 500.7K shares of COP at $92.50 for $46.3M, reducing stake 60.6%

Lance Ryan Michael, Chairman and CEO of ConocoPhillips, sold 500,708 shares at $92.50 on 2025-12-19 for a total value of $46,315,490.00, reducing his stake from 826,680 shares to 325,972 shares—a 60.6% reduction in holdings. This is a material disposition by the company's highest-ranking executive and represents the largest single sale event in his transaction history at this ticker. His prior two sales at COP (2024-03-25 and 2023-09-01) both generated negative 90-day returns of -11.6% and -5.4% respectively, and 100% of his same-ticker prior sales were well-timed in the 90-day measurement window. The current stock price of $92.73 is 12.6% below the 52-week high of $106.10, positioning this sale within a modest recent decline, though the stock is up 6.1% over the prior 30 days. Context: the company's trailing revenue is $15.0B with net income of $1.7B, annual revenue growth is negative at -2.5%, and the P/E of 12.95 sits at the lower end of historical energy sector multiples. The magnitude, timing pattern relative to historical precedent, and executive role warrant close attention to whether this reflects asset rebalancing specific to the executive or signals broader management perspective on valuation or capital deployment priorities.