New Devon Energy (DVN) director Marcus Watts files initial Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
DEVON ENERGY CORP/DE filed an initial insider ownership report for board member Marcus A. Watts on Form 3. The filing identifies him as a director and indicates no reportable transactions, derivative positions, or current holdings entries in this submission.
Positive
- None.
Negative
- None.
Key Terms
Form 3, reporting person, ten percent owner
3 terms
Form 3 regulatory
"initial insider ownership report for board member Marcus A. Watts on Form 3"
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.
reporting person regulatory
"The filing records his status as a reporting person and director"
ten percent owner financial
"He is not listed as an officer or a ten percent owner in this Form 3"
FAQ
What does the Devon Energy (DVN) Form 3 for Marcus A. Watts show?
The Form 3 for Devon Energy director Marcus A. Watts records his status as a reporting person and director. It shows no reported transactions, derivative positions, or holdings entries in this initial ownership filing.
What role does Marcus A. Watts have at Devon Energy (DVN)?
The filing identifies Marcus A. Watts as a director of Devon Energy. He is not listed as an officer or a ten percent owner in this Form 3 insider ownership report.
Does the Devon Energy (DVN) Form 3 show any derivative securities for Marcus A. Watts?
No, the Form 3 shows no derivative securities for Marcus A. Watts. The derivative summary is empty, and the transaction summary reports zero derivative transactions or exercised derivative shares.
Is Marcus A. Watts a ten percent owner of Devon Energy (DVN) according to the Form 3?
No, the Form 3 indicates Marcus A. Watts is not a ten percent owner. He is reported solely as a director, with the ten percent owner field marked as not applicable.