STOCK TITAN

Devon Energy (DVN) VP Sherrer reports restricted stock grant and tax dispositions

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

Rhea-AI Filing Summary

Devon Energy executive John Bennett Sherrer, VP Accounting & Controller, reported routine equity compensation activity. On February 10, 2026, he disposed of small amounts of common stock through tax-withholding transactions at $43.48 per share, tied to equity awards. On the same date, he acquired 3,738 shares of restricted stock, which will vest in four equal 25% installments each February 10 from 2027 through 2030. Following these transactions, he directly held 15,082 shares of Devon Energy common stock.

Positive

  • None.

Negative

  • None.
Insider Sherrer John Bennett
Role VP Accounting & Controller
Type Security Shares Price Value
Tax Withholding Common Stock 164 $43.48 $7K
Tax Withholding Common Stock 137 $43.48 $6K
Tax Withholding Common Stock 257 $43.48 $11K
Tax Withholding Common Stock 343 $43.48 $15K
Grant/Award Common Stock 3,738 $0.00 --
Holdings After Transaction: Common Stock — 12,081 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*
Sherrer John Bennett

(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)
VP Accounting & Controller
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 164 D $43.48 12,081 D
Common Stock 02/10/2026 F 137 D $43.48 11,944 D
Common Stock 02/10/2026 F 257 D $43.48 11,687 D
Common Stock 02/10/2026 F 343 D $43.48 11,344 D
Common Stock 02/10/2026 A 3,738(1) A $0 15,082 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 John Bennett Sherrer 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 John Bennett Sherrer report?

John Bennett Sherrer reported tax-withholding dispositions of Devon Energy common stock and a restricted stock award. Several small share amounts were withheld at $43.48 per share, and he received 3,738 restricted shares that vest in stages from 2027 through 2030.

How many Devon Energy (DVN) shares did John Bennett Sherrer acquire in this Form 4?

He acquired 3,738 shares of Devon Energy restricted stock at a stated price of $0. These shares represent an equity award that vests 25% each year on February 10 in 2027, 2028, 2029, and 2030, subject to the award terms.

What is the vesting schedule of the restricted stock granted to DVN’s VP Accounting & Controller?

The restricted stock award of 3,738 Devon Energy shares vests in four equal 25% installments. Vesting occurs on February 10 of each of the years 2027, 2028, 2029, and 2030, assuming the applicable vesting conditions are satisfied.

What type of dispositions did John Bennett Sherrer report for DVN stock?

He reported dispositions coded “F,” which represent payment of exercise price or tax liability by delivering securities. These were small, routine tax-withholding transactions in Devon Energy common stock at $43.48 per share, associated with his equity compensation.

How many Devon Energy shares does John Bennett Sherrer hold after the reported transactions?

After the reported February 10, 2026 transactions, John Bennett Sherrer directly beneficially owned 15,082 shares of Devon Energy common stock. This total reflects both the tax-withholding dispositions and the new restricted stock award reported in the Form 4.

What is John Bennett Sherrer’s role at Devon Energy (DVN) in this insider filing?

In this filing, John Bennett Sherrer is identified as an officer of Devon Energy, serving as VP Accounting & Controller. The reported equity transactions reflect routine activity related to his compensation and associated tax-withholding obligations as a company executive.