Alexander Andrea 4
4 · Coterra Energy Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Coterra (CTRA) SVP Alexander Andrea Receives Stock Award
What Happened
Alexander Andrea, SVP & Chief HR Officer of Coterra Energy (CTRA), received equity awards on February 24, 2026: 32,787 restricted stock units (RSUs) and 32,787 performance stock units (PSUs). Both grants are reported as acquisitions at $0.00 (i.e., compensation awards rather than open-market purchases). These are compensation grants, not sales or purchases in the market.
Key Details
- Transaction date(s) and filing: Awards dated 2026-02-24; Form 4 filed 2026-02-26 (timely filing).
- Reported amounts: 32,787 RSUs (award) and 32,787 PSUs (derivative award). Reported acquisition price: $0.00.
- Vesting for RSUs (F1): RSUs payable solely in common stock; vest on January 31, 2029.
- PSUs explained (F2–F4): Each PSU is a contingent right to one share (payable in stock up to 100% of the PSU award; cash may be paid for vesting above 100%). PSUs were granted on 2/24/2026 and vest based on performance over the three-year period Feb 1, 2026–Jan 31, 2029; payout may range from 0%–200% depending on achievement.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
These awards are standard executive compensation—RSUs vest at a future date and PSUs vest (and pay out) based on multi-year performance metrics. PSUs are derivative/contingent awards, meaning final share or cash payout depends on performance and the company’s stock price at payout; they are not immediate stock purchases. Such grants typically reflect compensation design rather than a direct insider bullish or bearish signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-24+32,787→ 175,054 total - Award
Performance Stock Units
[F2][F3][F4]2026-02-24+32,787→ 32,787 total→ Common Stock (32,787 underlying)
Footnotes (4)
- [F1]Represents restricted stock units payable solely in common stock. Subject to the terms of the restricted stock unit award agreement, these restricted stock units vest on January 31, 2029.
- [F2]Each performance stock unit represents a contingent right to receive one share of common stock (up to 100% of the performance stock units awarded) and cash equal to the Fair Market Value (as defined in the performance stock unit award agreement) of one share of common stock for vesting above 100%.
- [F3]Represents the number of performance stock units awarded on February 24, 2026.
- [F4]The performance stock units award agreement provides for vesting between 0% and 200% of the performance stock units granted (payable in common stock up to 100% of the performance stock units granted and, for vesting above 100%, in cash) based upon the achievement of certain performance criteria over a three-year performance period beginning February 1, 2026 and ending January 31, 2029.