Form 4: Coterra Energy Executive Michael D. DeShazer Reports Stock Transaction

Michael D. DeShazer, SVP of Business Units at Coterra Energy, had 7,008 shares withheld to cover tax obligations related to a vesting of restricted stock units.

Summary

• Michael D. DeShazer, a Senior Vice President at Coterra Energy, had 7,008 shares of common stock withheld by the company on January 31, 2025.
• This withholding was to cover tax obligations related to the vesting of previously disclosed restricted stock units.
• The transaction was not a sale by Mr. DeShazer, but rather a tax obligation fulfillment.
• Following the transaction, Mr. DeShazer directly owns 98,623 shares of Coterra Energy stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing related to executive compensation. It does not indicate any positive or negative sentiment, but is a normal part of business operations.

Industry Context

This is a routine filing related to executive compensation and is common in publicly traded companies. It reflects the vesting of stock awards and the subsequent tax obligations.

Comparison to Industry Standards

• This type of transaction is standard practice for publicly traded companies when executives receive stock-based compensation.
• Many companies use restricted stock units as part of their compensation packages, and the withholding of shares for tax purposes is a common occurrence.
• Similar filings can be seen across the energy sector and other industries where stock-based compensation is prevalent.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it is a standard tax withholding related to executive compensation.

Key Dates

Keywords

Coterra Energy, Stock Transaction, Form 4, Insider Trading, Restricted Stock Units, Tax Withholding, Michael D. DeShazer