Devon Energy (DVN) EVP & CTO Robert Lowe Receives 30,043-Share Award

What Happened

• Robert Ferrall Lowe III, EVP & Chief Technology Officer of Devon Energy (DVN), was granted 30,043 restricted shares on June 10, 2026. The Form 4 reports an acquisition price of $0.00 (award/grant), reflecting a compensation grant rather than an open-market purchase.
• The grant is described as restricted stock that vests 100% on June 10, 2029 (footnote F1).

Key Details

• Transaction date: 2026-06-10; Report filed: 2026-08-04 (appears to be a late filing relative to the transaction date).
• Shares awarded: 30,043 restricted shares; reported acquisition price: $0.00 per share (award).
• Vesting: 100% on June 10, 2029 (per footnote F1).
• Shares owned after transaction: not specified in the provided filing.
• Filing accession: 0001090012-26-000108.

Context

• Restricted stock awards are a common form of executive compensation and typically vest over time; they are not the same as an open-market purchase and do not by themselves signal a near-term trading conviction.
• Because the filing was submitted nearly two months after the transaction date, retail investors may want to note the late reporting when assessing timeliness of insider disclosure.