Form 4: Coterra Energy SVP Operations, Blake A. Sirgo, Sells 90,000 Shares
SEC Form 4
Blake A. Sirgo, SVP Operations of Coterra Energy Inc., sold 90,000 shares of common stock at a weighted average price of $28.132 on March 17, 2025.
Summary
- On March 17, 2025, Blake A. Sirgo, the SVP Operations of Coterra Energy Inc. (CTRA), sold 90,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $28.132 per share.
- The price ranged from $28.13 to $28.16.
- Following the transaction, Sirgo directly owns 118,993 shares of Coterra Energy Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The sale of shares by a company insider could be perceived negatively by some shareholders, as it might suggest a lack of confidence in the company's future performance, although this is not necessarily the case.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: Blake A. Sirgo sold 90,000 shares of Coterra Energy Inc. common stock. |
| 03/18/2025 | Date of signature: Form 4 signed by Marcus G. Bolinder, attorney-in-fact. |
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