Earnings Feed
Start Free
Coterra Energy Inc.·4

Feb 3, 6:23 PM ET

SIRGO BLAKE A 4

Research Summary

AI-generated summary

Updated

Coterra Energy (CTRA) EVP Blake Sirgo Withholds 11,809 Shares

What Happened
Blake A. Sirgo, Executive Vice President — Business Units at Coterra Energy (CTRA), had 11,809 shares of Coterra common stock withheld to satisfy tax obligations related to vested restricted stock units. The shares were valued at $28.85 each for a total value of approximately $340,690 on January 30, 2026. This was a tax-withholding action (not an open-market sale or purchase).

Key Details

  • Transaction date: 2026-01-30; Filing date: 2026-02-03 (filed within the typical 2-business-day reporting window).
  • Shares withheld: 11,809 at $28.85 per share; total value ≈ $340,690.
  • Transaction code: F — tax withholding to satisfy vesting-related tax liabilities.
  • Footnote: The filing clarifies these shares were withheld by the issuer to meet the reporting person’s tax obligations tied to a previously disclosed RSU award, and are not a sale by the reporting person.
  • Shares owned after the transaction: Not specified in the provided filing excerpt.

Context
Tax-withholding on vested restricted stock units is a routine administrative event and does not necessarily indicate insider sentiment about the company. Unlike purchases, withholdings generally reflect the mechanics of compensation tax payment rather than a decision to sell shares on the market.