Insider transaction 📈 Stocks 🌍 United States ISIN US25179M1036

Devon Energy CEO Gaspar Sells 3,913 Shares as Total Equity Stake Increases

Devon Energy CEO Clay M. Gaspar offloaded 3,913 shares in a $200k transaction, yet his total holdings rose following a significant restricted stock vesting event.

📅 September 21, 2026 🕐 1 min read

1 assets impacted (Stocks). Net bias: 0 Bullish, 0 Bearish, 1 Neutral. Strongest signal: DVN → 3/10 (60% confidence).

📊 Affected Assets (1)

DVN

Neutral 🤖 60%

📅 Short-term 🌍 US · Explicit

CEO sold 3,913 shares (~$200k) but net position increased due to restricted stock vesting; stock has delivered a 43% 12-month return.

🎯 Key Takeaways

CEO Clay M. Gaspar's total share count increased to 999,616 following a restricted stock vesting event.
Devon Energy has delivered a 43% total return over the past 12 months, supported by strong revenue performance.
The company maintains a $56.2 billion market capitalization despite recent volatility in free cash flow and operating margins.

📝 Executive Summary

Devon Energy CEO Clay M. Gaspar sold 3,913 shares of common stock valued at approximately $199,876 on September 14, 2026. Despite the sale, the executive's total equity position actually increased to 999,616 shares due to the simultaneous vesting of a 53,979-share restricted stock award.

❓ FAQ

Did the CEO's total ownership in Devon Energy decrease after the sale?

No, the CEO's total equity exposure increased from 995,703 to 999,616 shares because the sale was offset by the vesting of 53,979 restricted shares.

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