Devon Energy (DVN) CTO granted restricted stock, ends with 49,433 shares

Rhea-AI Filing Summary

Devon Energy senior vice president and chief technology officer Robert Ferrall Lowe III reported restricted stock awards and related tax-share dispositions in common stock. On February 10, 2026, he received 9,200 restricted shares that vest in 25% installments each February 10 from 2027 through 2030, and 17,250 restricted shares that vest 100% on February 10, 2029.

On the same date, multiple transactions coded "F" show a total of several thousand shares disposed at $43.48 per share to satisfy tax obligations. After these transactions and awards, he directly beneficially owned 49,433 shares of Devon Energy common stock.

Insider Trade Summary

7 transactions reported

Mixed 7 txns

Insider Lowe Robert Ferrall III

Role SVP & Chief Technology Officer

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,088	$43.48	$47K
Tax Withholding	Common Stock	1,088	$43.48	$47K
Tax Withholding	Common Stock	649	$43.48	$28K
Tax Withholding	Common Stock	432	$43.48	$19K
Tax Withholding	Common Stock	525	$43.48	$23K
Grant/Award	Common Stock	9,200	$0.00	--
Grant/Award	Common Stock	17,250	$0.00	--

Holdings After Transaction: Common Stock — 25,677 shares (Direct)

Footnotes (1)

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. Reflects restricted stock awarded that vests 100% on February 10, 2029.

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^*

Lowe Robert Ferrall III

(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 & Chief Technology Officer

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		1,088	D	$43.48	25,677	D
Common Stock	02/10/2026		F		1,088	D	$43.48	24,589	D
Common Stock	02/10/2026		F		649	D	$43.48	23,940	D
Common Stock	02/10/2026		F		432	D	$43.48	23,508	D
Common Stock	02/10/2026		F		525	D	$43.48	22,983	D
Common Stock	02/10/2026		A		9,200(1)	A	$0	32,183	D
Common Stock	02/10/2026		A		17,250(2)	A	$0	49,433	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.

2. Reflects restricted stock awarded that vests 100% on February 10, 2029.

	/s/ Edward T. Highberger, Attorney-in-Fact for Robert Ferrall Lowe III	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 activity did DVN executive Robert Ferrall Lowe III report?

He reported new restricted stock awards and tax-related share dispositions. On February 10, 2026, he received 9,200 and 17,250 restricted shares and had shares withheld or disposed at $43.48 per share to cover tax obligations, ending with 49,433 shares owned directly.

How many Devon Energy (DVN) shares does Robert Ferrall Lowe III now own?

After the reported transactions, he directly beneficially owned 49,433 shares of Devon Energy common stock. This figure reflects both the new restricted stock awards and the shares disposed in tax-withholding transactions on February 10, 2026, as shown in the Form 4.

What restricted stock awards did DVN grant to Robert Ferrall Lowe III?

He received 9,200 restricted shares vesting in 25% annual installments each February 10 from 2027 through 2030, and 17,250 restricted shares vesting 100% on February 10, 2029. Both awards were recorded at a grant price of $0 per share.

Were any of Robert Ferrall Lowe III’s DVN transactions open-market sales?

The reported dispositions were coded "F" for tax withholding, not open-market sales. Shares of common stock were delivered or withheld at $43.48 per share to satisfy tax obligations associated with equity awards, rather than discretionary share sales on the market.

What role does Robert Ferrall Lowe III hold at Devon Energy (DVN)?

He is an officer of Devon Energy, serving as senior vice president and chief technology officer. The Form 4 identifies him in this executive role and shows that all reported common stock transactions were held directly, not through an indirect ownership vehicle.

How do the new DVN restricted stock awards for Lowe vest over time?

The 9,200-share award vests in four equal 25% installments on February 10 of 2027, 2028, 2029, and 2030. The separate 17,250-share restricted stock award vests entirely on February 10, 2029, concentrating that grant’s value on a single future vesting date.