Coterra (NYSE: CTRA) director disposes shares in Devon merger
Rhea-AI Filing Summary
Coterra Energy director Dorothy M. Ables reported disposing of all her Coterra common stock in connection with the company’s merger with Devon Energy. The filing shows issuer dispositions of 101,009 directly held shares and 5,000 shares held indirectly by her spouse, both at a stated price of $0.00 per share.
According to the merger agreement, at the Effective Time each Coterra share was converted into the right to receive 0.7 shares of Devon common stock. Following these transactions, Ables no longer reports any Coterra common shares owned directly or indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 106,009 shares
Net Sell
2 txns
Insider
Ables Dorothy M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 101,009 | $0.00 | $0.00 |
| Disposition | Common Stock | 5,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Common Stock — 0 shares (Indirect, Held by spouse.)
Footnotes (1)
- F1. Pursuant to the Agreement and Plan of Merger entered into on February 1, 2026, by and among the Issuer, Devon Energy Corporation ("Devon") and Cubs Merger Sub, Inc., as of the effective time of the transactions contemplated thereby (the "Effective Time"), each share of the Issuer's common stock, par value $0.10 per share, held by the Reporting Person as of immediately prior to the Effective Time was converted into the right to receive 0.7 shares of Devon common stock, par value $0.10 per share.
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