Form 4: Coterra Energy SVP Adam Vela Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Adam Vela, SVP & General Counsel of Coterra Energy, reports the withholding of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On October 1, 2024, Adam M. Vela, SVP & General Counsel of Coterra Energy Inc., had 10,664 shares of common stock withheld by the issuer to satisfy tax obligations.
- The shares were withheld at a price of $24.15 per share.
- Following the transaction, Vela beneficially owns 88,844 shares of Coterra Energy common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of the stock transaction (tax withholding). |
| 10/03/2024 | Date of signature on the Form 4 filing. |
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