Form 4: Coterra Energy CTO's Tax-Related Stock Withholding

Coterra Energy's SVP & Chief Technology Officer, Kevin William Smith, had 11,811 shares withheld for tax obligations related to restricted stock unit vesting.

Summary

• Kevin William Smith, SVP & Chief Technology Officer of Coterra Energy Inc. (CTRA), reported a transaction on January 30, 2026.
• 11,811 shares of common stock were disposed of through a withholding by the issuer.
• These shares were withheld to satisfy tax obligations related to the vesting of a previously disclosed award of restricted stock units.
• This transaction was not a direct sale by the reporting person.
• The price per share for the withheld stock was $28.85.
• Following this transaction, Kevin William Smith beneficially owns 94,303 shares of Coterra Energy common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard administrative process for executive compensation rather than a strategic move or a reflection of company performance.

Positives

• The transaction relates to the vesting of previously awarded restricted stock units, indicating a component of executive compensation and retention.

Negatives

• No direct negatives identified in this tax-related withholding transaction.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that tax-related stock withholdings upon the vesting of restricted stock units are a standard practice in executive compensation across various industries, including the energy sector. This transaction reflects a routine administrative event rather than a discretionary sale or a change in the company's operational strategy.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine administrative event related to executive compensation, not a discretionary sale or a change in company fundamentals.
• Employees: No direct impact.

Key Dates

Recommendation

This Form 4 filing details a routine tax-related stock withholding for an executive's restricted stock units and does not contain information that would alter an investment thesis for Coterra Energy Inc. The transaction is administrative and does not reflect a discretionary sale or a change in the company's fundamentals or outlook.

Keywords

Coterra Energy, CTRA, Form 4, insider transaction, stock withholding, restricted stock units, executive compensation, Kevin William Smith