DVN (DVN) Form 144: Notice of Fidelity-handled restricted share sales

Rhea-AI Filing Summary

DVN submitted a Form 144 notice identifying proposed sales of Common Stock tied to restricted stock vesting events. The filing lists vesting tranches of 18,411 shares vested on 02/10/2022, 11,114 shares vested on 02/10/2023, and 4,199 shares vesting on 02/10/2026. The submission names Fidelity Brokerage Services LLC as a broker/dealer and includes additional header figures shown in the excerpt.

Key Figures

Vesting tranche: 18,411 shares Vesting tranche: 11,114 shares Vesting tranche: 4,199 shares +2 more

5 metrics

Vesting tranche 18,411 shares Restricted Stock Vesting on <date>02/10/2022</date>

Vesting tranche 11,114 shares Restricted Stock Vesting on <date>02/10/2023</date>

Vesting tranche 4,199 shares Restricted Stock Vesting on <date>02/10/2026</date>

Header numeric entry 1418553.05 Numeric value shown in header alongside broker/dealer listing

Header numeric entry 621400000 Numeric value shown in header alongside broker/dealer listing

Key Terms

Restricted Stock Vesting, Form 144, Fidelity Brokerage Services LLC

3 terms

Restricted Stock Vesting financial

"Common | 02/10/2022 | Restricted Stock Vesting"

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.

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Fidelity Brokerage Services LLC market

"Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917"

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

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

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

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	33724	1418553.05	621400000	06/18/2026	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	02/10/2022	Restricted Stock Vesting	Issuer			18411	02/10/2022	Compensation
Common	02/10/2023	Restricted Stock Vesting	Issuer			11114	02/10/2023	Compensation
Common	02/10/2026	Restricted Stock Vesting	Issuer			4199	02/10/2026	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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

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

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does DVN's Form 144 disclose about the securities to be sold?

It discloses proposed sales of Common Stock tied to restricted stock vesting events. The filing lists 18,411, 11,114, and 4,199 share tranches with vesting dates 02/10/2022, 02/10/2023, and 02/10/2026

Which broker-dealer is named on the DVN Form 144 filing?

The filing names Fidelity Brokerage Services LLC with an address at 900 Salem Street, Smithfield, RI 02917. This broker-dealer appears in the header alongside other numeric entries shown in the excerpt.

Does the Form 144 state when the proposed sales will occur for DVN?

The excerpt lists vesting dates for the underlying restricted shares (02/10/2022, 02/10/2023, 02/10/2026), but it does not provide explicit sale execution dates in the provided excerpt.

Are aggregate proceeds or exact sale prices disclosed in the filing excerpt for DVN?

The provided excerpt does not show an explicit sale price or proceeds statement. The header contains numeric entries (for example, 1418553.05 and 621400000), but the excerpt does not label them as proceeds or prices.

What type of award generated the shares listed on DVN's Form 144?

Each listed tranche is described as Restricted Stock Vesting and the filer indicates the shares are from the Issuer as compensation, per the lines shown in the excerpt.