Form 4: Coterra Energy Director Hernandez Receives and Disposes of Shares

Sentiment:

SEC Form 4 Filing


Director Jacinto J. Hernandez received and disposed of Coterra Energy Inc. shares on May 7, 2025, according to a Form 4 filing.

Summary

  • Jacinto J. Hernandez, a director of Coterra Energy Inc., reported transactions involving the company's common stock.
  • On May 7, 2025, Hernandez acquired 9,293 shares of common stock as part of an annual award of restricted stock units.
  • These restricted stock units are compensation for his duties as a director and are subject to service-based vesting.
  • The restrictions lapse on the earlier of termination of service as a director (other than removal) or May 1, 2026.
  • Also on May 7, 2025, Hernandez disposed of an unspecified amount of shares.
  • Following these transactions, Hernandez beneficially owns 9,717 shares of Coterra Energy Inc.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Positives

  • The grant of restricted stock units aligns the director's interests with those of the shareholders.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the holdings and transactions of key personnel.

Key Dates

DateDescription
05/07/2025Date of stock acquisition and disposition.
05/09/2025Date of signature on the Form 4 filing.
05/01/2026Vesting date for restricted stock units (earlier of termination of service or this date).

Keywords

Form 4, Coterra Energy, Director, Hernandez, Stock, Restricted Stock Units, Beneficial Ownership, CTRA

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