Vela Adam M 4

What Happened Adam M. Vela, Senior Vice President & General Counsel of Coterra Energy (CTRA), had 8,816 shares of Coterra common stock withheld by the company to satisfy tax obligations related to the vesting of previously disclosed restricted stock units. The shares were valued at $28.85 each for a notional amount of $254,342. This was a tax-withholding action (transaction code F), not an open-market sale by the reporting person.

Key Details

• Transaction date: 2026-01-30; Filing date: 2026-02-03 (Form 4 accession 0000858470-26-000017).
• Price used for withholding: $28.85 per share; 8,816 shares withheld; total value ≈ $254,342.
• Transaction code: F — shares withheld to satisfy tax obligations on vested RSUs.
• Footnote: F1 clarifies these shares were withheld by the issuer to cover tax obligations and do not represent a sale by the reporting person.
• Shares owned after the transaction: not specified in the provided excerpt.

Context Share withholding to cover taxes on RSU vesting is a routine administrative action and does not necessarily indicate insider sentiment about the company's stock price. Retail investors should view this as tax-related bookkeeping rather than a deliberate divestiture; monitor future Form 4s for any open-market purchases or sales for clearer signals.