STOCK TITAN

Coterra Energy (CTRA) EVP awarded performance and restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SIRGO BLAKE A reported acquisition or exercise transactions in this Form 4 filing.

Coterra Energy Inc. reported that EVP - Business Units Blake A. Sirgo received equity awards on February 24, 2026. He was granted 52,460 performance stock units, each tied to up to one share of common stock and potential additional cash depending on performance. He also received 52,460 restricted stock units payable solely in common stock, which vest on January 31, 2029. The performance stock units may vest between 0% and 200% based on performance from February 1, 2026 through January 31, 2029. Following these awards, Sirgo directly held 177,443 shares of common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SIRGO BLAKE A

(Last) (First) (Middle)
840 GESSNER ROAD, SUITE 1400

(Street)
HOUSTON TX 77024

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Coterra Energy Inc. [ CTRA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP - Business Units
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/24/2026 A 52,460(1) A $0 177,443 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Units (2) 02/24/2026 A 52,460(3) (4) (4) Common Stock 52,460 $0 52,460 D
Explanation of Responses:
1. Represents restricted stock units payable solely in common stock. Subject to the terms of the restricted stock unit award agreement, these restricted stock units vest on January 31, 2029.
2. Each performance stock unit represents a contingent right to receive one share of common stock (up to 100% of the performance stock units awarded) and cash equal to the Fair Market Value (as defined in the performance stock unit award agreement) of one share of common stock for vesting above 100%.
3. Represents the number of performance stock units awarded on February 24, 2026.
4. The performance stock unit award agreement provides for vesting between 0% and 200% of the performance stock units granted (payable in common stock up to 100% of the performance stock units granted and, for vesting above 100%, in cash) based upon the achievement of certain performance criteria over a three-year performance period beginning February 1, 2026 and ending January 31, 2029.
Remarks:
/s/ Marcus G. Bolinder, attorney-in-fact 02/26/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the latest Form 4 for Coterra Energy (CTRA) report?

The Form 4 reports that EVP Blake A. Sirgo received equity awards on February 24, 2026, including performance stock units and restricted stock units, increasing his directly held common shares to 177,443 after the transactions disclosed.

How many performance stock units were granted to Blake A. Sirgo at Coterra Energy (CTRA)?

Blake A. Sirgo was granted 52,460 performance stock units. Each unit represents a contingent right to one share of common stock, plus potential additional cash for vesting above 100%, subject to performance criteria over a three-year period.

What are the vesting terms for Blake A. Sirgo’s performance stock units at Coterra Energy (CTRA)?

The performance stock units vest between 0% and 200% based on defined performance criteria over a three-year period from February 1, 2026 to January 31, 2029, with payment in stock up to 100% and cash for vesting above 100%.

What restricted stock unit award did Blake A. Sirgo receive from Coterra Energy (CTRA)?

He received 52,460 restricted stock units payable solely in common stock. According to the award terms, these restricted stock units vest on January 31, 2029, providing potential future ownership if he remains eligible through the vesting date.

How did Blake A. Sirgo’s direct Coterra Energy (CTRA) common stock holdings change?

After the reported awards, Blake A. Sirgo directly held 177,443 shares of common stock. The increase reflects the grant/award acquisition transactions reported, rather than any open-market purchases or sales, according to the Form 4 details.

Are Blake A. Sirgo’s Coterra Energy (CTRA) awards performance-based or time-based?

He received both types: performance stock units that vest between 0% and 200% based on performance over three years, and restricted stock units that vest solely based on time, on January 31, 2029.
Coterra Energy Inc

NYSE:CTRA

CTRA Rankings

CTRA Latest News

CTRA Latest SEC Filings

CTRA Stock Data

22.68B
749.95M
Oil & Gas E&P
Crude Petroleum & Natural Gas
Link
United States
HOUSTON