Devon Energy director granted 5,567 stock units

WATTS MARCUS A reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 07/02/2026 - 04:56 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

WATTS MARCUS A reported acquisition or exercise transactions in this Form 4 filing.

Devon Energy director Marcus A. Watts received a stock-based compensation award. On June 30, 2026, he was granted 5,567 shares of Devon Energy common stock in the form of deferred restricted stock units at a stated price of $0.00 per share. According to the footnote, these units vest 100% on the day immediately following the grant date, meaning the entire award becomes earned after one day. Following this grant, Watts directly holds a total of 61,301 shares of Devon Energy common stock.

Insider Trade Summary

Grant/Award: 5,567 shares

Grant/Award 1 txn

Insider WATTS MARCUS A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,567	$0.00	$0.00

Holdings After Transaction: Common Stock — 61,301 shares (Direct)

Footnotes (1)

1. F1. Represents deferred restricted stock units granted on June 30, 2026, to vest 100% on the day immediately following the grant date.

Key Figures

Shares granted: 5,567 shares Grant price per share: $0.00 per share Total shares after transaction: 61,301 shares +1 more

4 metrics

Shares granted 5,567 shares Deferred restricted stock units granted June 30, 2026

Grant price per share $0.00 per share Stated transaction price for the award

Total shares after transaction 61,301 shares Direct holdings following the grant

Vesting schedule 100% next day Units vest on the day immediately following grant date

Key Terms

deferred restricted stock units, Grant, award, or other acquisition, Common Stock

3 terms

deferred restricted stock units financial

"Represents deferred restricted stock units granted on June 30, 2026, to vest 100% on the day immediately following the grant date."

Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

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.

FAQ

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

What insider transaction did Devon Energy (DVN) report for Marcus A. Watts?

Devon Energy reported that director Marcus A. Watts received a grant of 5,567 deferred restricted stock units of common stock on June 30, 2026. These were awarded as compensation, not bought in the open market, and increased his direct holdings to 61,301 shares.

How many Devon Energy (DVN) shares were granted to Marcus A. Watts?

Marcus A. Watts was granted 5,567 shares of Devon Energy common stock through deferred restricted stock units. The Form 4 notes a price of $0.00 per share, reflecting that this was a compensation award rather than a cash purchase, and his direct holdings rose to 61,301 shares.

What are the vesting terms of Marcus A. Watts’ Devon Energy (DVN) stock grant?

The deferred restricted stock units granted to Marcus A. Watts vest 100% on the day immediately following the June 30, 2026 grant date. This means the entire 5,567-share award becomes fully earned after one day, according to the footnote disclosure in the Form 4.

Did Marcus A. Watts buy Devon Energy (DVN) shares on the market in this Form 4?

No, the Form 4 shows a grant coded as a compensation award, not a market purchase. Watts received 5,567 deferred restricted stock units at a stated price of $0.00 per share, indicating company-awarded equity rather than an open-market buy or sell transaction.

What is Marcus A. Watts’ Devon Energy (DVN) share ownership after this grant?

After receiving the 5,567-share deferred restricted stock unit award, Marcus A. Watts directly holds 61,301 shares of Devon Energy common stock. This total is explicitly listed as the number of shares beneficially owned following the reported transaction on the Form 4.

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^*

WATTS MARCUS A

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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	06/30/2026		A		5,567(1)	A	$0	61,301	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. Represents deferred restricted stock units granted on June 30, 2026, to vest 100% on the day immediately following the grant date.

	/s/ Edward T. Highberger, Attorney-in-Fact	07/02/2026
	** 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)