Form 4: Devon Energy Executive Acquires Shares Through Stock Award
SEC Form 4 Filing
David Gerard Harris, EVP Chief Corp Development Officer at Devon Energy, acquired 27,576 shares of common stock through a stock award on January 28, 2025.
Summary
- On January 28, 2025, David Gerard Harris, an EVP Chief Corp Development Officer at Devon Energy, acquired 27,576 shares of common stock.
- The acquisition was made through a stock award, with a price of $0 per share.
- Following the transaction, Harris directly owns 346,417 shares of Devon Energy common stock.
- Harris also indirectly owns 3,022 shares through a trust and 11,695 shares through a trust for his spouse.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock award. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about an executive's transactions.
Positives
- The acquisition of shares by a high-ranking executive could be seen as a positive signal about the executive's confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as it indicates an executive's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of the transaction (acquisition of shares). |
| 01/29/2025 | Date of signature by Attorney-in-Fact. |
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