4Filed Sep 13, 8:00 PM ET
Devon Energy (DVN) EVP Lowe Robert Ferrall III Sells Shares
$DVN · DEVON ENERGY CORP/DEResearch Summary
AI-generated summary of this SEC filing
Devon Energy (DVN) EVP Lowe Robert Ferrall III Sells Shares
What Happened
Lowe Robert Ferrall III, Executive Vice President — Exploration & Production at Devon Energy (DVN), disposed of 6,756 shares on September 14, 2026. The filing reports a weighted average sale price of $50.95 per share for total proceeds of approximately $344,218. The sales were executed in multiple transactions and reported as open‑market/private sales (transaction code S).
Key Details
- Transaction date: 2026-09-14
- Transaction type: Sale (S) — open market or private sale
- Shares sold: 6,756
- Price: weighted average $50.95; per footnote, individual trades ranged $50.95–$50.96
- Proceeds: ~$344,218
- Shares owned after transaction: Not specified in the provided filing summary
- Footnote: Reporting person will provide, upon request, the number of shares sold at each separate price (per F1)
- Filing timeliness: Report filed on 2026-09-14 (period of report same date) — appears timely
Context
This was a straight sale of shares (liquidation) rather than a purchase or award. Sales by officers can reflect routine liquidity needs and do not by themselves indicate a change in company outlook. Purchases are generally considered more informative about insider sentiment than sales.