Devon Energy ex-officer plans $4.3M stock sale

DEVON ENERGY CORP/DE (DVN) is the issuer of common stock that Michael D. DeShazer, a former officer, plans to sell under Rule 144.

Rhea-AI Filing Summary

DEVON ENERGY CORP/DE (DVN) is the issuer of common stock that Michael D. DeShazer, a former officer, plans to sell under Rule 144. A notice was filed covering a proposed sale of 85,236 shares of Devon Energy common stock through Fidelity Brokerage Services LLC.

The shares are tied to restricted stock vesting on September 1, 2026, received from the issuer as compensation. The filing also lists prior sales over the last three months and states that Devon Energy common stock is listed on the NYSE.

Key Figures

Shares proposed for sale: 85,236 shares Aggregate market value of proposed sale: $4,312,367.88 Devon Energy shares outstanding: 1,100,000,000 shares +4 more

7 metrics

Shares proposed for sale 85,236 shares Common stock covered by the Rule 144 notice

Aggregate market value of proposed sale $4,312,367.88 Value of the 85,236 shares of common stock

Devon Energy shares outstanding 1,100,000,000 shares Shares outstanding for Devon Energy common stock as listed in the notice

Recent sale volume 14,000 shares Common shares sold on August 26, 2026 by Michael D. DeShazer

Proceeds from recent sale $654,920.70 Total consideration for the 14,000 shares sold on August 26, 2026

Restricted stock vesting date September 1, 2026 Date the compensation-related restricted stock is to vest

Notice filing date September 14, 2026 Date associated with the Form 144 notice and signature

Key Terms

Rule 144, restricted stock vesting, aggregate market value, former Officer, +1 more

5 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock vesting financial

"Common | 09/01/2026 | Restricted Stock Vesting | Issuer"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

aggregate market value financial

"Common | Fidelity Brokerage Services LLC ... | 85236 | 4312367.88"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

former Officer other

"Name of Person for Whose Account ... DeShazer Michael D. Former Officer"

attorney-in-fact regulatory

"as a duly authorized representative ... as attorney-in-fact for Michael D. Deshazer"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Devon Energy (DVN)?

It discloses that Michael D. DeShazer, a former officer, has filed a notice under Rule 144 to potentially sell 85,236 shares of Devon Energy common stock through Fidelity Brokerage Services LLC.

How many Devon Energy (DVN) shares are covered by this planned Rule 144 sale?

The notice covers a proposed sale of 85,236 shares of Devon Energy common stock, with an indicated aggregate market value of $4,312,367.88 as of the filing details.

What is the source of the Devon Energy (DVN) shares to be sold?

The shares are to be acquired as restricted stock vesting on September 1, 2026 from the issuer, Devon Energy, with the nature of acquisition listed as compensation.

Were any Devon Energy (DVN) shares sold by this person in the past three months?

Yes. The filing reports that 14,000 shares of Devon Energy common stock were sold on August 26, 2026 for a total of $654,920.70.

How many Devon Energy (DVN) shares are shown as outstanding in this notice?

The notice lists 1,100,000,000 shares of Devon Energy common stock as shares outstanding, providing context for the size of the proposed sale.

On which exchange is Devon Energy (DVN) common stock listed in this filing?

The common stock referenced in the Form 144 notice is listed on the NYSE, as stated in the securities information section.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/14/2026 - 04:18 PM Accepted by SEC EDGAR 09/14/2026 - 04:18 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001887203
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	DEVON ENERGY CORP/DE
SEC File Number	001-32318
Address of Issuer	THREE MEMORIAL CITY PLAZA 840 GESSNER ROAD, SUITE 1400 HOUSTON TEXAS 77024
Phone	4055523333
Name of Person for Whose Account the Securities are To Be Sold	DeShazer Michael D.
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Former Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	85236	4312367.88	1100000000	09/14/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/01/2026	Restricted Stock Vesting	Issuer			85236	09/01/2026	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Michael D. Deshazer 840 Gessner Road Suite 1400 Houston TX 77024	Common	08/26/2026	14000	654920.70

144: Remarks and Signature

Remarks
Date of Notice	09/14/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Jared Cook, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for Michael D. Deshazer
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)