Devon Energy Corporation President and CEO Clay M. Gaspar sold 3,913 directly held shares of common stock on Sept. 14, 2026, at a weighted average price of $51.08, for a transaction value of approximately $199,876, according to an SEC Form 4 filing. The disposal was offset by the simultaneous reporting of a 53,979-share restricted stock award that vested on Sept. 10, 2026, so Gaspar's total position rose from 995,703 shares to 999,616 shares. Of those post-transaction shares, 619,152 are held directly and 380,464 indirectly, split between a trust for the reporting person holding 186,289 shares and a trust for their spouse holding 194,175 shares. The sale occurred within the context of an independent energy producer that reported $19.7 billion in revenue and $3.3 billion in net income over the trailing 12 months, and whose shares delivered a 43% total return over the 12 months ended Sept. 14, 2026, closing that day at $49.73.
Devon Energy CorporationCEO sold 3,913 shares (~$200k) in a routine Form 4 disposal, offset by a larger restricted stock award; no clear directional signal for the company.
