Form 4: Coterra Energy Executive Roemer Todd M. Reports Stock Transaction

Coterra Energy's Vice President and CAO, Todd M. Roemer, had 17,135 shares of common stock withheld by the company to cover tax obligations related to vesting restricted stock units.

Summary

• Todd M. Roemer, Vice President and CAO of Coterra Energy, had 17,135 shares of common stock withheld by the company on January 31, 2025.
• This transaction was not a sale by Mr. Roemer, but rather a withholding by the issuer to cover tax obligations related to the vesting of previously disclosed restricted stock units.
• The price per share for the transaction was $27.72.
• Following this transaction, Mr. Roemer directly owns 159,623 shares of Coterra Energy common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation. It is neither positive nor negative for the company's outlook, but is a normal part of operations.

Industry Context

This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies. It does not indicate any significant change in the company's operations or outlook.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is typical for executives receiving stock-based compensation.
• The withholding of shares for tax obligations is a common mechanism used by companies to simplify tax reporting for employees.

Stakeholder Impact

• The transaction has a neutral impact on shareholders as it is a standard procedure for executive compensation.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Coterra Energy, stock transaction, insider trading, Form 4, restricted stock units, tax obligations, equity securities, Todd M. Roemer