Form 4: Coterra Energy SVP Michael D. DeShazer Reports Sale of Common Stock
SEC Form 4
Michael D. DeShazer, SVP of Business Units at Coterra Energy Inc., reported selling 35,377 shares of common stock at a weighted average price of $26.625 on March 10, 2025.
Summary
- On March 10, 2025, Michael D. DeShazer, SVP Business Units at Coterra Energy Inc., sold 35,377 shares of common stock.
- The sale was executed at a weighted average price of $26.625 per share.
- Following the transaction, DeShazer directly owns 126,770 shares of Coterra Energy Inc.
- The reporting person has undertaken to provide full information regarding the number of shares and prices at which the transaction was effected, upon request to the SEC staff, the issuer, or a security holder of the issuer.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard SEC filing for insider trading activity. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common among corporate executives. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a company executive may be perceived differently by stakeholders.
- Some may view it as a lack of confidence in the company's future, while others may see it as a normal part of personal financial management.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | Date of transaction: Michael D. DeShazer sold 35,377 shares of Coterra Energy Inc. common stock. |
| 03/12/2025 | Date of signature on the report. |
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