Form 4: Devon Energy Corp Executive John Bennett Sherrer Reports Stock Disposal

Sentiment:

SEC Form 4 Filing


VP Accounting & Controller of Devon Energy Corp, John Bennett Sherrer, reports disposing of 400 shares of common stock on April 10, 2025, to cover tax obligations.

Summary

  • John Bennett Sherrer, VP Accounting & Controller at Devon Energy Corp, filed a Form 4 on April 11, 2025.
  • The form reports a transaction on April 10, 2025, where 400 shares of Devon Energy Corp common stock were disposed of at a price of $27.75.
  • This disposal was likely to cover tax obligations related to vesting of stock awards.
  • Following the transaction, Sherrer directly owns 12,245 shares of Devon Energy Corp common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a common transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates a common practice of executives selling shares to cover tax obligations.

Key Dates

DateDescription
04/10/2025Date of stock disposal transaction
04/11/2025Date of Form 4 filing

Keywords

Form 4, Beneficial Ownership, Devon Energy Corp, DVN, John Bennett Sherrer, Stock Disposal, Insider Trading

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.