Form 4: Coterra Energy Director Amanda M. Brock Acquires 7,123 Shares of Common Stock

Director Amanda M. Brock acquired 7,123 shares of Coterra Energy Inc. common stock as part of an annual restricted stock unit award.

Summary

• On May 7, 2024, Amanda M. Brock, a director of Coterra Energy Inc., acquired 7,123 shares of common stock.
• This acquisition was part of an annual award of restricted stock units as compensation for her duties as a director.
• The restricted stock units are subject to service-based vesting, with restrictions lapsing on the earlier of termination of service as a director (excluding removal) or April 30, 2025.
• Following the transaction, Ms. Brock directly owns 70,328 shares of Coterra Energy Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The acquisition of shares by a director is generally a positive sign, indicating confidence in the company. However, it's a routine transaction related to compensation.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Future Outlook

The restricted stock units are subject to service-based vesting, indicating a commitment from the director to remain with the company.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in the energy industry.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates