Devon Energy (NYSE: DVN) officer to unload thousands of shares

Rhea-AI Filing Summary

DEVON ENERGY CORP/DE (DVN) is the issuer for a notice of proposed sale of restricted or control securities filed under Rule 144. The notice relates to sales of Devon Energy common stock for the account of officer Michael Deshazer, with UBS Financial Services Inc. acting as broker.

The filing lists four proposed sales of Devon common stock, each labeled as acquired through an all-stock merger, with acquisition dates of January 31, 2026 and May 7, 2026. The individual proposed sale amounts are 11,998 shares, 11,815 shares, 12,983 shares, and 12,983 shares, all with a stated sale date of May 7, 2026 on the New York Stock Exchange.

Key Figures

Shares to be sold (block 1): 11,998 shares Shares to be sold (block 2): 11,815 shares Shares to be sold (block 3): 12,983 shares +1 more

4 metrics

Shares to be sold (block 1) 11,998 shares Devon Energy common stock acquired 01/31/2026 via all-stock merger; proposed sale date 05/07/2026

Shares to be sold (block 2) 11,815 shares Devon Energy common stock acquired 01/31/2026 via all-stock merger; proposed sale date 05/07/2026

Shares to be sold (block 3) 12,983 shares Devon Energy common stock acquired 05/07/2026 via all-stock merger; proposed sale date 05/07/2026

Shares to be sold (block 4) 12,983 shares Devon Energy common stock acquired 05/07/2026 via all-stock merger; proposed sale date 05/07/2026

Key Terms

Rule 144, attorney-in-fact, All Stock Merger

3 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.

attorney-in-fact regulatory

"for UBS Financial Services Inc, as attorney-in-fact for Michael 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.

All Stock Merger financial

"05/07/2026 | All Stock Merger"

FAQ

What does the Form 144 filing involving DVN disclose?

It discloses that Michael Deshazer, an officer, has filed a Rule 144 notice to sell Devon Energy common stock through UBS Financial Services Inc., following prior acquisitions of the stock in all-stock mergers dated January 31, 2026 and May 7, 2026.

How many blocks of Devon Energy (DVN) shares are listed for sale?

The filing lists four separate blocks of Devon Energy common stock proposed for sale, each tied to shares acquired in all-stock mergers, with individual blocks of 11,998; 11,815; 12,983; and 12,983 shares.

Who is the selling security holder in the DVN Form 144?

The selling security holder is Michael Deshazer, identified as an officer of Devon Energy Corporation. UBS Financial Services Inc. signs the notice as attorney-in-fact for him and will act as the broker for the proposed sales.

On what dates were the DVN shares proposed for sale originally acquired?

The shares proposed for sale were reported as acquired on January 31, 2026 and May 7, 2026, each through an all-stock merger involving Devon Energy Corp as the issuer of the common stock.

When are the proposed sales of Devon Energy (DVN) shares expected to occur?

The notice lists an approximate sale date of May 7, 2026 for each of the four proposed blocks of Devon Energy common stock to be sold, with trading to occur on the New York Stock Exchange.

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

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Available on EDGAR 08/24/2026 - 03:55 PM Accepted by SEC EDGAR 08/24/2026 - 03:54 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 Corporation
SEC File Number	001-32318
Address of Issuer	840 Gessner Road Suite 1400 Houston TEXAS 77024
Phone	877-860-5820
Name of Person for Whose Account the Securities are To Be Sold	Michael Deshazer
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	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 Stock	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	49779	2389392	1100000000	08/24/2026	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 Stock	01/31/2026	Merger	Devon Energy Corp			11998	05/07/2026	All Stock Merger
Common Stock	01/31/2026	Merger	Devon Energy Corp			11815	05/07/2026	All Stock Merger
Common Stock	05/07/2026	Merger	Devon Energy Corp			12983	05/07/2026	All Stock Merger
Common Stock	05/07/2026	Merger	Devon Energy Corp			12983	05/07/2026	All Stock Merger

* 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	08/24/2026
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/JOSEPH CASSIDY, for UBS Financial Services Inc, as attorney-in-fact for Michael Deshazer
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)