Director Timothy Leach sells 40,000 COP shares at $118.79; stock up 8.7% in 30 days, 25.3% in 90 days
Timothy Leach sold 40,000 shares (40.0K shares) of ConocoPhillips at $118.79 on 2026-03-06, reducing his holdings by 8.9% to 411,211 shares (411.2K shares). The sale occurred near the 52-week high of $118.52, with the stock subsequently trading at $117.03 and up substantially on 30-day (+8.7%) and 90-day (+25.3%) basis. His prior sales at ConocoPhillips show mixed timing outcomes: a 2024 sale preceded a -4.8% 30-day decline but +3.6% 90-day gain; a 2023 sale was followed by -2.2% and -2.0% returns at the 30- and 90-day marks. Cross-ticker, his sales have averaged +0.8% 90-day returns with a 50.00% well-timed rate. This transaction is a routine portfolio action by a director; the recent strong momentum in the stock suggests he sold into strength rather than ahead of an anticipated decline.
Director LEACH TIMOTHY A sold 55,500 COP shares at $108.11 on 2024-08-13 (total $6.0M), retaining 455,909 shares
Director Leach sold 55,500 shares (10.9% of his prior holdings) at $108.11 on 2024-08-13 for $6,000,254.85. The stock has declined 4.6% over the past 30 days and 8.8% over 90 days, currently trading at $109.33, which is 18.1% below the 52-week high. Leach's prior sell at ConocoPhillips (on 2023-11-09) was well-timed, with a 90-day decline of 2.0% following that trade. His cross-ticker track record shows 100.00% well-timed sales at the 90-day mark. The company's fundamentals show a substantial annual revenue decline of 28.5% year-over-year, though the latest quarterly net income was $2.3B against revenue of $13.6B, indicating continued profitability despite reduced sales.
