Devon Energy director granted 5,567 restricted shares

Shellebarger Jeffrey Earle reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 07/02/2026 - 04:58 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Shellebarger Jeffrey Earle reported acquisition or exercise transactions in this Form 4 filing.

Devon Energy director Jeffrey Earle Shellebarger received a grant of 5,567 shares of restricted common stock. The award was granted on June 30, 2026 at no cash cost per share and is scheduled to vest 100% on the day immediately following the grant date. After this equity award, Shellebarger directly holds 12,082 shares of Devon Energy common stock.

Insider Trade Summary

Grant/Award: 5,567 shares

Grant/Award 1 txn

Insider Shellebarger Jeffrey Earle

Role Director

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

Holdings After Transaction: Common Stock — 12,082 shares (Direct)

Footnotes (1)

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

Key Figures

Restricted stock granted: 5,567 shares Price per share: $0.00 per share Shares held after grant: 12,082 shares +1 more

4 metrics

Restricted stock granted 5,567 shares Restricted common stock awarded on June 30, 2026

Price per share $0.00 per share Reported grant price for restricted stock

Shares held after grant 12,082 shares Total Devon Energy common stock directly held after transaction

Vesting timing 100% next day Restricted stock vests 100% on day after June 30, 2026

Key Terms

restricted stock, Common Stock, Grant, award, or other acquisition, Form 4

4 terms

restricted stock financial

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

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.

Common Stock financial

"security_title: Common Stock, transaction_shares: 5567.0000, transaction_price_per_share: 0.0000"

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.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 regulatory

"This equity award was reported on a Form 4 insider filing"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

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

What insider transaction did Devon Energy (DVN) report for Jeffrey Earle Shellebarger?

Devon Energy reported that director Jeffrey Earle Shellebarger received a grant of 5,567 shares of restricted common stock. This equity award was reported on a Form 4 insider filing and increased his directly held Devon Energy share balance to 12,082 shares.

What type of shares did Jeffrey Earle Shellebarger receive in the latest DVN Form 4?

Jeffrey Earle Shellebarger received restricted stock in the form of 5,567 shares of Devon Energy common stock. Restricted stock typically vests over time or upon meeting conditions, aligning director compensation with shareholder interests through equity ownership rather than immediate cash payments.

What was the price per share for Jeffrey Earle Shellebarger’s Devon Energy restricted stock grant?

The restricted stock grant to Jeffrey Earle Shellebarger was reported at a price of $0.00 per share. This reflects that the shares were granted as compensation, not purchased in the open market, and therefore did not require cash payment by the reporting person.

How many Devon Energy (DVN) shares does Jeffrey Earle Shellebarger hold after this Form 4 transaction?

Following the reported restricted stock grant, Jeffrey Earle Shellebarger directly holds 12,082 shares of Devon Energy common stock. This total includes the 5,567 restricted shares granted on June 30, 2026, as disclosed in the Form 4 insider trading report.

What is the vesting schedule for Jeffrey Earle Shellebarger’s new Devon Energy restricted stock?

The 5,567 restricted shares granted to Jeffrey Earle Shellebarger vest 100% on the day immediately following the June 30, 2026 grant date. This means the entire award becomes fully vested at once, rather than vesting gradually over a multi-year schedule.

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^*

Shellebarger Jeffrey Earle

(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	12,082	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. Represents restricted stock 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)