Raines John David 4

What Happened
John D. Raines, Senior Vice President, E&P Asset Management at Devon Energy (DVN), was granted 3,718 shares on January 27, 2026. The reported acquisition price is $0.00 (transaction code A — award/grant), so the Form 4 shows no cash paid and a reported value of $0 for the acquisition itself. This was an equity award (compensation/retention) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-27; Form 4 filed: 2026-01-29.
• Transaction type/code: Award/Grant (A).
• Shares granted: 3,718; acquisition price: $0.00; reported dollar value: $0.
• Shares owned following transaction: not specified in the filing.
• No 10b5-1 plan, tax-withholding, or sale noted in the filing; no footnotes disclosed.
• Filing appears timely (filed two days after the reported transaction).

Context
An "A" code award typically reflects RSUs or restricted/common shares granted as compensation and often subject to vesting and/or tax withholding; the filing does not detail vesting or withholding. Awards are common for executive compensation and do not by themselves indicate a buy or sell signal from the insider. Purchases (code P) are generally more informative about insider confidence in the stock than grants, which are usually part of pay packages.