Alexander Andrea 4

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.