STOCK TITAN

Devon Energy (DVN) CTO granted 30,043 restricted stock shares in equity award

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lowe Robert Ferrall III reported acquisition or exercise transactions in this Form 4 filing.

Devon Energy Corp. executive Robert Ferrall Lowe III, EVP & Chief Technology Officer, reported an equity compensation grant of 30,043 shares of common stock on June 10, 2026. The award is restricted stock that vests 100% on June 10, 2029, bringing his direct holdings to 79,476 shares. The filing indicates the transaction was not made under a Rule 10b5-1 trading plan.

Positive

  • None.

Negative

  • None.
Insider Lowe Robert Ferrall III
Role EVP & CHIEF TECHNOLOGY OFFICER
Type Security Shares Price Value
Grant/Award Common Stock F1 30,043 $0.00 $0.00
Holdings After Transaction: Common Stock — 79,476 shares (Direct)
Footnotes (1)
  1. F1. Reflects restricted stock awarded that vests 100% on June 10, 2029.
Restricted stock grant 30,043 shares Restricted common stock awarded on June 10, 2026
Shares held after transaction 79,476 shares Total direct common stock holdings after award
Vesting date June 10, 2029 Restricted stock vests 100% on this date
restricted stock financial
"Reflects restricted stock awarded that vests 100% on June 10, 2029."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
grant, award, or other acquisition financial
"Transaction code description is Grant, award, or other acquisition."
direct ownership financial
"Ownership type for these shares is reported as direct."

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

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FAQ

What insider transaction did Devon Energy (DVN) report in this Form 4?

Devon Energy reported that EVP & Chief Technology Officer Robert Ferrall Lowe III received a grant of 30,043 shares of common stock as restricted stock on June 10, 2026, classified as a grant, award, or other acquisition.

How many Devon Energy (DVN) shares does Robert Ferrall Lowe III hold after this grant?

After the reported grant, Robert Ferrall Lowe III directly holds 79,476 shares of Devon Energy common stock. This total reflects the addition of 30,043 restricted shares awarded on June 10, 2026, as disclosed in the Form 4 filing.

What are the vesting terms of the restricted stock granted by Devon Energy (DVN)?

The filing states the 30,043 restricted shares awarded to Robert Ferrall Lowe III vest 100% on June 10, 2029. Until that vesting date, the shares are restricted stock subject to the specified vesting schedule described in the footnote.

Did Devon Energy (DVN) indicate this Form 4 transaction was under a Rule 10b5-1 plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, meaning the reported grant of 30,043 restricted shares to Robert Ferrall Lowe III is not affirmed as being made under a Rule 10b5-1 trading plan.

What type of security was involved in the Devon Energy (DVN) insider grant?

The transaction involved Common Stock of Devon Energy. Specifically, it reflects a restricted stock award of 30,043 shares that vests in full on June 10, 2029, and is categorized as a grant, award, or other acquisition.
SEC Form 4
FORM 4UNITED 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*
Lowe Robert Ferrall III

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & CHIEF TECHNOLOGY OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026A30,043(1)A$079,476D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects restricted stock awarded that vests 100% on June 10, 2029.
/s/ Edward T. Highberger, Attorney-in-Fact08/04/2026
** Signature of Reporting PersonDate
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)