Young, III Shannon E. 4
4 · Coterra Energy Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Coterra (CTRA) CFO Shannon E. Young Receives Stock Awards
What Happened
Shannon E. Young, III, Chief Financial Officer of Coterra Energy (CTRA), was granted two stock-based awards on February 24, 2026: 68,853 restricted stock units (RSUs) and 68,853 performance stock units (PSUs). Both grants were reported with a grant price of $0.00 (typical for compensatory awards). Total units granted: 137,706. These are awards (compensation), not open-market purchases or sales.
Key Details
- Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (reporting for period 2026-02-24).
- Price reported: $0.00 for both grants (compensatory awards).
- Units: 68,853 RSUs (F1) + 68,853 PSUs (F3) = 137,706 total.
- RSU vesting: RSUs payable solely in common stock; vest on January 31, 2029 (F1).
- PSU mechanics: Each PSU is a contingent right to receive one share (up to 100% in stock) and cash for vesting above 100%; PSUs granted on Feb 24, 2026 with performance measured Feb 1, 2026–Jan 31, 2029; payout may range 0%–200% (payable in stock up to 100%, cash above) (F2, F4).
- Shares owned after transaction: not specified in the provided filing details.
- Filing timeliness: Form was filed two days after the award date (filed Feb 26 for 2/24 transaction); no late filing flag indicated.
Context
These awards are standard executive compensation—RSUs represent restricted shares that vest on a set date, while PSUs are performance-contingent and may pay out in shares and/or cash depending on results. Such grants are not the same as an insider buying stock on the open market and do not by themselves indicate buying or selling sentiment; they reflect company compensation tied to future service and performance.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-24+68,853→ 308,288 total - Award
Performance Stock Units
[F2][F3][F4]2026-02-24+68,853→ 68,853 total→ Common Stock (68,853 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 unit 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.