Devon Energy (DVN) SVP Adam Vela sells 24,342 common shares

Rhea-AI Filing Summary

Devon Energy senior vice president and general counsel Adam M. Vela reported an open-market sale of 24,342 shares of common stock on May 14, 2026. The shares were sold at a weighted average price of $47.21 per share, in multiple transactions between $47.21 and $47.23. After these sales, Vela directly owns 130,540 Devon Energy shares.

Insider Trade Summary

Net Seller: 24,342 shares ($1,149,186)

Net Sell 1 txn

Insider Vela Adam M

Role SVP & GENERAL COUNSEL

Sold 24,342 shs ($1.15M)

Type	Security	Shares	Price	Value
Sale	Common Stock	24,342	$47.21	$1.15M

Holdings After Transaction: Common Stock — 130,540 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 24,342 shares Weighted average sale price: $47.21 per share Post-transaction holdings: 130,540 shares +1 more

4 metrics

Shares sold 24,342 shares Open-market sale of common stock on May 14, 2026

Weighted average sale price $47.21 per share Price for 24,342 common shares sold

Post-transaction holdings 130,540 shares Common stock directly owned after the sale

Net shares sold 24,342 shares Net sell shares in this Form 4 transactionSummary

Key Terms

open-market sale, weighted average price, multiple transactions, staff of the Securities and Exchange Commission

4 terms

open-market sale financial

"transaction_action: "open-market sale""

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.

multiple transactions financial

"These shares were sold in multiple transactions at prices ranging from $47.21 to $47.23 per share."

staff of the Securities and Exchange Commission regulatory

"or the staff of the Securities and Exchange Commission, upon request, full information"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Vela Adam M

(Last) (First) (Middle)

THREE MEMORIAL CITY PLAZA

840 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)
	SVP & GENERAL COUNSEL

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

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	05/14/2026		S		24,342	D	$47.21(1)	130,540	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 $47.21 to $47.23 per share. The reporting person undertakes to provide 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	05/15/2026
	** 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)

FAQ

What insider transaction did Devon Energy (DVN) report for Adam M. Vela?

Devon Energy reported that Adam M. Vela sold 24,342 shares of common stock. The transaction was an open-market sale at a weighted average price of $47.21 per share, completed on May 14, 2026.

At what price did Adam M. Vela sell Devon Energy (DVN) shares?

Adam M. Vela sold Devon Energy shares at a weighted average price of $47.21 per share. The footnote states the individual trades occurred in a narrow price range between $47.21 and $47.23 per share.

How many Devon Energy (DVN) shares does Adam M. Vela own after this sale?

Following the reported sale, Adam M. Vela directly owns 130,540 shares of Devon Energy common stock. This figure reflects his holdings after disposing of 24,342 shares in open-market transactions on May 14, 2026.

What is the nature of Adam M. Vela’s Devon Energy (DVN) insider transaction?

The transaction is an open-market sale of common stock by Adam M. Vela. It is classified with code “S,” indicating a sale in the market or a private transaction rather than a grant, option exercise, or tax withholding event.

Did Adam M. Vela’s Devon Energy (DVN) sale occur in a single trade or multiple trades?

The filing notes that the sale price is a weighted average because the shares were sold in multiple transactions. Individual trades took place at prices ranging from $47.21 to $47.23 per share during the reported date.