Form 4: Coterra Energy EVP DeShazer's Tax-Related Share Withholding
Insider Transaction Report
Coterra Energy's EVP of Operations, Michael D. DeShazer, had 11,382 shares withheld by the company to cover tax obligations related to restricted stock unit vesting.
Summary
- Michael D. DeShazer, Executive Vice President Operations of Coterra Energy Inc. (CTRA), reported a transaction on January 30, 2026.
- The transaction involved the disposition of 11,382 shares of Coterra Energy Common Stock at a price of $28.85 per share.
- This disposition was not a sale by the reporting person but represents shares withheld by the issuer to satisfy tax obligations related to the vesting of a previously disclosed award of restricted stock units.
- Following this transaction, Michael D. DeShazer beneficially owns 115,388 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a standard administrative action related to executive compensation rather than a discretionary sale or purchase that would signal a change in executive confidence.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that tax-related share withholdings are a common practice for executives receiving equity compensation, particularly restricted stock units, and do not typically indicate a change in management's sentiment towards the company or its future prospects. This is a routine administrative event in executive compensation.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a non-discretionary, tax-related transaction and not a market sale.
Key Dates
| Date | Description |
|---|---|
| 01/30/2026 | Date of transaction where shares were withheld for tax obligations. |
| 02/03/2026 | Date the Form 4 was signed and filed. |
Recommendation
holdThis Form 4 reports a non-discretionary share withholding for tax purposes related to restricted stock unit vesting. It does not reflect a change in the executive's investment thesis or the company's fundamentals, thus providing no new basis for a change in investment recommendation.
Keywords
Coterra Energy, CTRA, Michael D. DeShazer, Form 4, insider transaction, share withholding, restricted stock units, executive compensation
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