Form 4: Coterra Energy VP Michael DeShazer Reports Stock Transactions
SEC Form 4 Filing
Michael D. DeShazer, VP of Business Units at Coterra Energy, reports the sale of 14,000 shares and a gift of 18,000 shares of common stock.
Summary
- On March 1, 2024, Michael D. DeShazer, VP Business Units at Coterra Energy Inc., sold 14,000 shares of common stock at a weighted average price of $26.06.
- The sale resulted in Mr. DeShazer holding 93,988 shares following the transaction.
- On March 5, 2024, Mr. DeShazer gifted 18,000 shares of common stock.
- Following the gift, Mr. DeShazer held 75,988 shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The stock sale and gift may have a minor impact on shareholders, depending on the overall market perception of insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Sale of 14,000 shares of Coterra Energy common stock. |
| 03/05/2024 | Gift of 18,000 shares of Coterra Energy common stock. |
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