Devon Energy (NYSE: DVN) CTO reports owning 138K shares
Rhea-AI Filing Summary
DEVON ENERGY CORP/DE (DVN) reported an initial insider ownership filing for executive Kevin William Smith, who serves as EVP and Chief Technology Officer. The filing lists his beneficial ownership of 138,102 shares of Common Stock, held directly, and does not report any specific purchase, sale, or other transaction activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smith Kevin William
Role
EVP AND CHIEF TECH OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 138,102 shares (Direct)
Key Figures
Common Stock beneficially owned: 138,102 shares
Number of reporting persons: 1
Holding entries: 1
3 metrics
Common Stock beneficially owned
138,102 shares
Total Common Stock held directly by Kevin William Smith following the reported holdings
Number of reporting persons
1
Single reporting person, Kevin William Smith, on this Form 3
Holding entries
1
One holding entry for Common Stock in the insider data
Key Terms
Form 3, beneficial ownership, Common Stock
3 terms
Form 3 regulatory
"reported an initial insider ownership filing for executive Kevin William Smith"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"The filing lists his beneficial ownership of 138,102 shares of Common Stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Common Stock financial
"beneficial ownership of 138,102 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What does Devon Energy (DVN) disclose in this Form 3 for Kevin William Smith?
Devon Energy discloses that Kevin William Smith, EVP and Chief Technology Officer, beneficially owns 138,102 shares of Common Stock, held directly. The Form 3 is an initial statement of ownership and does not detail any specific purchase or sale transactions.
Is there any buy or sell transaction reported for DVN in this Form 3?
No. The Form 3 for Devon Energy shows a holding entry only for 138,102 shares of Common Stock and does not report any purchases, sales, or other transactions by Kevin William Smith.
What is Kevin William Smith’s role at Devon Energy (DVN) in this Form 3?
Kevin William Smith is identified as an officer of Devon Energy with the title EVP and Chief Tech Officer. The Form 3 links this role to his reported beneficial ownership of 138,102 shares of Common Stock.
Does this Devon Energy (DVN) Form 3 involve derivative securities?
No. The Form 3 reports ownership only of Common Stock, totaling 138,102 shares, and shows no derivative securities or derivative transactions for Kevin William Smith.
AI-generated analysis. How Rhea-AI works. Not financial advice.
