Young, III Shannon E. 4

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.