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Devon Energy officer plans sale of 6,756 shares

DEVON ENERGY CORP/DE (DVN) received a notice that officer Robert Ferrall Lowe III intends to sell up to 6,756 shares of common stock under Rule 144 through Fidelity Brokerage Services LLC on or after September 14, 2026.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

DEVON ENERGY CORP/DE (DVN) received a notice that officer Robert Ferrall Lowe III intends to sell up to 6,756 shares of common stock under Rule 144 through Fidelity Brokerage Services LLC on or after September 14, 2026. These shares were acquired as restricted stock vesting on February 10, 2025 as compensation.

Positive

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Negative

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Shares proposed for sale 6,756 shares Block of DVN common stock covered by the Rule 144 notice
Aggregate market value of block $344,238.05 Value associated with the 6,756-share block of DVN common stock
Shares outstanding 1,100,000,000 shares DVN common shares listed in the securities information section
Planned sale date September 14, 2026 Date associated with the proposed Rule 144 sale on the NYSE
Acquisition date of shares February 10, 2025 Date the 6,756 shares vested as restricted stock compensation
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 | 02/10/2025 | 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.
attorney-in-fact regulatory
"as attorney-in-fact for Robert F. Lowe III"
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.
compensation financial
"6756 | 02/10/2025 | Compensation"

FAQ

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

What does the Form 144 filing mean for DEVON ENERGY (DVN)?

It indicates that officer Robert Ferrall Lowe III has given notice of a proposed sale of up to 6,756 shares of DVN common stock under Rule 144 through Fidelity Brokerage Services LLC, with an anticipated sale date of September 14, 2026.

How many DEVON ENERGY (DVN) shares are covered by this Form 144?

The notice covers up to 6,756 shares of DVN common stock. The related securities table also shows an aggregate market value of $344,238.05 tied to this block of shares, based on the information provided.

When and how did the DVN shares in this Form 144 get acquired?

The 6,756 shares were acquired on February 10, 2025 via restricted stock vesting from the issuer as compensation, according to the securities-to-be-sold section describing the nature and date of acquisition.

Who is the person planning to sell DVN shares and what is their role?

The planned sale is for the account of Robert Ferrall Lowe III, identified as an officer of Devon Energy. The Form 144 specifies that information is provided for the person whose account the securities are to be sold.

Which broker will handle the proposed DVN share sale under this Form 144?

The proposed sale is to be executed through Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, RI, as listed in the securities information section for the DVN common stock.

How many DEVON ENERGY (DVN) shares are shown as outstanding in this notice?

The securities information section lists 1,100,000,000 shares of DVN common stock, alongside the block of 6,756 shares to be sold and the aggregate market value figure of $344,238.05.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

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