Devon Energy EVP sells 70,029 shares in market

Devon Energy executive Jeffrey L. Ritenour, EVP & Chief Corporate Development Officer, reported an open-market sale of 70,029 shares of Devon Energy common stock on May 11, 2026 at a weighted average price of $46.66 per share.

Accepted by SEC EDGAR 05/12/2026 - 06:00 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Devon Energy executive Jeffrey L. Ritenour, EVP & Chief Corporate Development Officer, reported an open-market sale of 70,029 shares of Devon Energy common stock on May 11, 2026 at a weighted average price of $46.66 per share.

After this transaction, Ritenour directly holds 428,452 shares of Devon Energy common stock. The footnote explains that the reported price is a weighted average, with individual sales executed in multiple trades at prices ranging from $46.44 to $46.79 per share.

Insider Trade Summary

Net Seller: 70,029 shares

Net Sell 1 txn

Insider Ritenour Jeffrey L

Role EVP & CHIEF CORP DEV OFFICER

Sold 70,029 shs ($3.27M)

Type	Security	Shares	Price	Value
Sale	Common Stock	70,029	$46.66	$3.27M

Holdings After Transaction: Common Stock — 428,452 shares (Direct)

Footnotes (1)

1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.44 to $46.79 per share. The reporting person undertakes to provide to Devon Energy Corporation, any security holder of Devon Energy Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

Key Figures

Shares sold: 70,029 shares Weighted average sale price: $46.66 per share Post-transaction holdings: 428,452 shares +1 more

4 metrics

Shares sold 70,029 shares Open-market sale on May 11, 2026

Weighted average sale price $46.66 per share Common stock sale on May 11, 2026

Post-transaction holdings 428,452 shares Direct ownership after May 11, 2026 sale

Sale price range $46.44–$46.79 per share Multiple trades underlying weighted average price

Key Terms

open-market sale, weighted average price, Common Stock, Form 4

4 terms

open-market sale financial

"reported an open-market sale of 70,029 shares of Devon Energy common stock"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

weighted average price financial

"The price reported in Column 4 is a weighted average price"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Common Stock financial

"Devon Energy common stock on May 11, 2026 at a weighted average price"

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.

Form 4 regulatory

"The transaction was an open-market sale of common stock by an executive officer."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

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

What insider transaction did Devon Energy (DVN) report for Jeffrey L. Ritenour?

Devon Energy reported that EVP Jeffrey L. Ritenour sold 70,029 shares. The transaction was an open-market sale of common stock, recorded on May 11, 2026, and reflects activity by a senior executive in the company.

How many Devon Energy (DVN) shares did Jeffrey L. Ritenour sell and at what price?

Jeffrey L. Ritenour sold 70,029 Devon Energy common shares at a weighted average price of $46.66. According to the filing, the trades were executed in multiple transactions between $46.44 and $46.79 per share.

How many Devon Energy (DVN) shares does Jeffrey L. Ritenour hold after the sale?

After the reported sale, Jeffrey L. Ritenour directly holds 428,452 Devon Energy shares. This figure represents his remaining direct ownership of common stock immediately following the May 11, 2026 open-market transaction.

What type of insider transaction was reported for Devon Energy (DVN)?

The transaction was an open-market sale of common stock by an executive officer. The Form 4 classifies it with code "S" for sale, indicating shares were sold in market trades rather than granted or transferred without consideration.

What price range is disclosed for Jeffrey L. Ritenour’s Devon Energy (DVN) share sales?

The filing discloses a sale price range from $46.44 to $46.79 per share. The reported $46.66 price is a weighted average, and the footnote notes multiple individual trades across that price band.

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

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ritenour Jeffrey L

(Last) (First) (Middle)

THREE MEMORIAL CITY PLAZA

850 GESSNER ROAD, SUITE 1400

(Street)

HOUSTON TEXAS 77024

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DEVON ENERGY CORP/DE [ DVN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & CHIEF CORP DEV OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/11/2026		S		70,029	D	$46.66(1)	428,452	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.44 to $46.79 per share. The reporting person undertakes to provide to Devon Energy Corporation, any security holder of Devon Energy Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.

	/s/ Edward T. Highberger, Attorney-in-Fact	05/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)