Form 4: Coterra Energy EVP Tax Withholding on RSU Vesting

Coterra Energy's EVP of Business Units, Blake A. Sirgo, had 11,809 shares withheld for tax obligations related to restricted stock unit vesting.

Summary

• Blake A. Sirgo, EVP Business Units at Coterra Energy Inc. (CTRA), reported a transaction on January 30, 2026.
• The transaction involved the disposition of 11,809 shares of common stock at a price of $28.85 per share.
• These shares were withheld by Coterra Energy to cover tax obligations arising from the vesting of a previously awarded restricted stock unit (RSU) grant.
• This was not a direct sale by Mr. Sirgo but a routine tax-related event.
• Following this transaction, Mr. Sirgo beneficially owns 107,184 shares of Coterra Energy common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative action related to executive compensation rather than a discretionary sale or purchase.

Positives

• The vesting of restricted stock units indicates that performance conditions, if any, were met, and the executive continues to hold a significant stake in the company.

Future Outlook

No forward-looking statements or guidance provided.

Industry Context

StockSavvy.ai notes that routine insider transactions like tax withholdings on RSU vesting are common across all industries, particularly in established companies like Coterra Energy, and typically do not signal significant operational or strategic shifts.

Related Party Transactions

• The transaction involves an executive (Blake A. Sirgo) and the company (Coterra Energy Inc.), which is a related party transaction in the context of executive compensation and share ownership.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine administrative transaction related to executive compensation.
• Employees: No direct impact on general employees.
• Management: The executive's beneficial ownership remains substantial, aligning interests with shareholders.

Key Dates

Recommendation

This Form 4 reports a routine tax withholding event related to RSU vesting, not a discretionary sale or purchase by the insider. Such administrative transactions typically have no material impact on the company's fundamentals or future prospects, thus warranting a 'hold' recommendation based solely on this filing.

Keywords

Coterra Energy, CTRA, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Executive Compensation, Blake A. Sirgo