Form 4: Devon Energy Executive David Gerard Harris Reports Changes in Beneficial Ownership
SEC Form 4 Filing
EVP and Chief Corporate Development Officer of Devon Energy, David Gerard Harris, reports the disposal of common stock to cover tax obligations.
Summary
- On February 10, 2025, David Gerard Harris, EVP and Chief Corporate Development Officer of Devon Energy, reported changes in beneficial ownership of Devon Energy Corp/DE [DVN] common stock.
- The transactions involved the disposal of shares to satisfy tax obligations, with prices at $34.26 per share.
- Following these transactions, Harris directly owns 319,496 shares of common stock and indirectly owns 3,022 shares via a trust and 11,695 shares via a trust for his spouse.
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 related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of the reported transactions involving the disposal of common stock. |
| 02/11/2025 | Date of signature by Attorney-in-Fact for David Gerard Harris. |
Keywords
beneficial ownership, Form 4, Devon Energy, David Gerard Harris, stock disposal, executive compensation, DVN
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