Smith Kevin William 4

What Happened
Kevin W. Smith, Senior Vice President & Chief Technology Officer of Coterra Energy (CTRA), had 11,811 shares of common stock withheld by the company on 2026-01-30 to satisfy tax obligations related to the vesting of previously disclosed restricted stock units. The withholding was at $28.85 per share, representing $340,747 in value. This was a tax-withholding disposition (code F), not an open-market sale by the insider.

Key Details

• Transaction date: 2026-01-30; filing date (Form 4): 2026-02-03 (filed within the required reporting window).
• Withheld/Disposed: 11,811 shares at $28.85 per share; total value $340,747.
• Nature of transaction: Tax withholding to satisfy withholding obligations on vested RSUs (footnote F1 specifies issuer withheld shares; not a sale by the reporting person).
• Shares owned after transaction: Not specified in the provided filing data.

Context
Withholding shares to cover taxes on vested restricted stock units is a routine corporate practice and is not the same as an insider selling shares on the open market. Such transactions generally do not signal a change in insider sentiment about the company’s prospects; they simply satisfy tax obligations arising from compensation.