Devon Energy (DVN) CFO reports restricted stock grant and tax share disposals

Rhea-AI Filing Summary

Devon Energy executive vice president and chief financial officer Jeffrey L. Ritenour reported several equity-related transactions dated February 10, 2026. He disposed of multiple blocks of common stock via code “F” transactions, which represent shares withheld to cover tax obligations, at $43.48 per share in amounts including 9,391, 4,864, 3,945, 2,485, and 2,688 shares. On the same date, he acquired 34,959 shares of restricted stock at a stated price of $0 under a stock award. According to the filing, these restricted shares vest in four equal 25% installments each February 10 from 2027 through 2030. After the reported transactions, Ritenour directly owned 498,481 shares of Devon Energy common stock.

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

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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^*

Ritenour Jeffrey L

(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)
	EVP & CHIEF FINANCIAL 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		9,391	D	$43.48	477,504	D
Common Stock	02/10/2026		F		4,864	D	$43.48	472,640	D
Common Stock	02/10/2026		F		3,945	D	$43.48	468,695	D
Common Stock	02/10/2026		F		2,485	D	$43.48	466,210	D
Common Stock	02/10/2026		F		2,688	D	$43.48	463,522	D
Common Stock	02/10/2026		A		34,959(1)	A	$0	498,481	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 Jeffrey L. Ritenour	02/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did Devon Energy (DVN) CFO Jeffrey Ritenour report?

Jeffrey Ritenour reported multiple tax-withholding dispositions of Devon Energy common stock at $43.48 per share and the grant of 34,959 restricted shares. These movements reflect equity compensation activity rather than open-market buying or selling.

How many Devon Energy (DVN) restricted shares were granted to the CFO?

The filing shows a grant of 34,959 shares of restricted stock to CFO Jeffrey Ritenour at a stated price of $0. These shares represent equity compensation that will vest over time if the specified conditions are met.

When do Jeffrey Ritenour’s new Devon Energy (DVN) restricted shares vest?

The restricted stock awarded to Jeffrey Ritenour vests in four equal 25% installments on February 10 in 2027, 2028, 2029, and 2030. This creates a multi-year vesting schedule that ties the award to his continued service at the company.

What is Jeffrey Ritenour’s Devon Energy (DVN) share ownership after these transactions?

Following the reported transactions, Jeffrey Ritenour directly beneficially owned 498,481 shares of Devon Energy common stock. This figure includes the newly granted restricted stock, as reflected in the post-transaction ownership column of the Form 4.

Were Jeffrey Ritenour’s Devon Energy (DVN) share disposals open-market sales?

No. The disposals are coded “F,” meaning shares were withheld to satisfy tax liabilities or exercise costs. The filing describes these as payment of tax obligations using stock, not discretionary open-market sales into the public market.

At what price were Devon Energy (DVN) shares used for the CFO’s tax withholding?

Shares withheld for tax purposes in Jeffrey Ritenour’s transactions were valued at $43.48 per share. Several separate blocks of common stock were applied at this price to cover obligations tied to his equity compensation.