DEVON ENERGY CORP/DE 4

Thomas E. Jorden received a 7,684‑share restricted stock award in Devon Energy and reclassified those shares via internal transfers from direct ownership to a trust, bringing the trust’s holdings to 2,416,436 shares.

On June 30, 2026, reporting person Thomas E. Jorden received an award of 7,684 shares of Devon Energy Corporation common stock as restricted stock that will vest 100% on the day immediately following the grant date, with no price paid by the insider. On July 1, 2026, two internal transfers (coded “G”) of 7,684 shares each were reported: one moving 7,684 shares out of the insider’s direct holdings (reducing that line to zero) and another moving 7,684 shares into indirect holdings by a trust, bringing that trust’s reported position to 2,416,436 shares. The filing also notes a technical adjustment to the amount of shares beneficially owned, correcting a prior rounding discrepancy related to the May 7, 2026 merger between Coterra Energy Inc. and Devon Energy Corporation. Using the current market price of approximately $40.41, the June 30 restricted stock grant is worth about $310,000, and the trust’s post‑transaction indirect holdings are valued at roughly $97.6 million, indicating this is a routine but financially meaningful equity compensation and internal ownership reclassification rather than an open‑market trade.

Filing Facts

CIK

1090012

Ticker

DVN

Form

4

Source Type

sec

Accession

0001090012-26-000097

Alert Tier

5