STOCK TITAN

Devon Energy (NYSE: DVN) SVP granted 16,560 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Devon Energy senior vice president Thomas Jeffrey Hellman reported common stock transactions on February 10, 2026. He disposed of 1,920 shares of common stock in a tax-withholding transaction at $43.48 per share, leaving 15,594 shares directly owned afterward.

On the same date, he acquired a grant of 16,560 shares of restricted stock at $0, increasing his direct holdings to 32,154 shares. The restricted stock vests in 25% installments each February 10 in 2027, 2028, 2029, and 2030.

Positive

  • None.

Negative

  • None.
Insider Hellman Thomas Jeffrey
Role SVP, E&P Operations
Type Security Shares Price Value
Tax Withholding Common Stock 1,920 $43.48 $83K
Grant/Award Common Stock 16,560 $0.00 --
Holdings After Transaction: Common Stock — 15,594 shares (Direct)
Footnotes (1)
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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*
Hellman Thomas Jeffrey

(Last) (First) (Middle)
333 W SHERIDAN AVE

(Street)
OKLAHOMA CITY OK 73102

(City) (State) (Zip)
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, E&P Operations
3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/10/2026 F 1,920 D $43.48 15,594 D
Common Stock 02/10/2026 A 16,560(1) A $0 32,154 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. Reflects restricted stock awarded that vests in 25% installments on the 10th day of February in each of the years 2027, 2028, 2029, and 2030.
/s/ Edward T. Highberger, Attorney-in-Fact for Thomas Jeffrey Hellman 02/12/2026
** 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.

FAQ

What insider transactions did DVN executive Thomas Jeffrey Hellman report?

Thomas Jeffrey Hellman reported two common stock transactions on February 10, 2026: a tax-withholding disposition of 1,920 shares at $43.48 and a grant of 16,560 restricted shares, both held directly after the transactions.

How many Devon Energy (DVN) shares does Thomas Jeffrey Hellman now hold?

After the reported transactions, Thomas Jeffrey Hellman directly holds 32,154 shares of Devon Energy common stock. This reflects the net effect of a 1,920-share tax-withholding disposition and a grant of 16,560 restricted shares on February 10, 2026.

What was the purpose of the 1,920 DVN shares disposed by Hellman?

The 1,920 shares of Devon Energy common stock were disposed of to satisfy tax-withholding obligations, using transaction code F. The price per share was $43.48, and the transaction reflects payment of tax liability rather than an open market sale.

What are the terms of Thomas Jeffrey Hellman’s 16,560-share restricted stock award from DVN?

Hellman received 16,560 restricted shares of Devon Energy common stock at $0. According to the filing, the award vests in 25% installments on February 10 in each of the years 2027, 2028, 2029, and 2030.

Is Thomas Jeffrey Hellman’s Devon Energy stock ownership direct or indirect?

All reported holdings for Thomas Jeffrey Hellman are listed as direct ownership. After the February 10, 2026 transactions, he directly owns 32,154 shares of Devon Energy common stock, with no indirect ownership or related-entity holdings disclosed in this filing.