Alexander Andrea 4
Research Summary
AI-generated summary
Devon Energy SVP Alexander Andrea Sells 18,000 Shares
What Happened
Alexander Andrea, Senior Vice President & Chief Administrative Officer of Devon Energy (DVN), reported an open-market sale of 18,000 shares on June 10, 2026. The reported weighted-average sale price was $46.74 per share, resulting in proceeds of approximately $841,320. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: June 10, 2026; Form 4 filed June 12, 2026 (appears timely based on a two-business-day reporting window).
- Price: weighted-average $46.74; purchase prices in the lot ranged from $46.73 to $46.76 (see footnote).
- Shares disposed: 18,000; proceeds ≈ $841,320.
- Shares owned after transaction: not disclosed in the provided filing summary.
- Footnote: The reported price is a weighted average; the reporting person offers to provide a breakdown of the number of shares purchased at each separate price upon request to the company, its security holders, or the SEC staff.
Context
This was an open-market sale. Sales by executives can be routine (e.g., liquidity, tax or diversification) and do not by themselves indicate company performance expectations. No derivative exercise, gift, or 10b5-1 plan was indicated in the provided filing details.