TIMOTHY LEACH, Director at ConocoPhillips (NYSE:COP), reported a large insider sell on November 13, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that LEACH sold 44,000 shares of ConocoPhillips. The total transaction amounted to $5,044,199.
ConocoPhillips shares are trading up 0.65% at $116.11 at the time of this writing on Tuesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however, they can ...