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DEVON ENERGY CORP/DE [DVN]

Reporting date: 10/09/2025

⚠️ Bullish Insider Buy Detected

📝 What Happened

  • Insider: SMOLIK BRENT J
  • Role: Director
  • Company: DEVON ENERGY CORP/DE (DVN)
  • Transaction Date(s): 2025-10-09
  • Table I (Non-Derivative Securities)
    • Sale : 4495
    • Average Sale Price: $0.00
    • Total Value: $0.00
    • Post-Transaction Direct Holdings: 7095
    • Indirect Holdings: None reported
    • 10b5-1 Plan Used? No

📄 Summary

SMOLIK BRENT J, Director at DEVON ENERGY CORP/DE (DVN), acquired 4,495 shares on October 9, 2025, at a reported price of $0.00, with total value not fully determinable. After the transaction, he now holds 7,095 direct shares. For retail traders, this is a bullish event: director received restricted shares indicating alignment with shareholder interests.

🔑 Interpretation

  • Type: Compensation-related (restricted stock grant per footnote)
  • Disposition: Shares were granted/acquired and are being held (not sold)
  • Size Context: 4,495 shares increased direct holdings to 7,095 — a meaningful uplift for this insider but consistent with routine director grants rather than large discretionary purchases or sales
  • ATH Metric: No live ATH/ATL fetch was possible here; based on typical market behavior, a restricted-share grant does not appear timed to an all-time high or low and looks routine rather than opportunistic relative to recent price ranges
  • Outlier Check: This grant appears in line with common director/compensation awards and is not unusually large compared to typical single-event grants (no evidence of an outlier)

📊 Bullish or Bearish?

Decide: Bullish

Bullish. The filing shows an acquisition (code A) of restricted stock at $0.00, increasing direct holdings — a compensation-driven acquisition rather than a sell. Data completeness is clear for this grant, and the action signals alignment but is not a large discretionary buy. Cluster activity cannot be determined from this filing alone.

✅ Bottom Line (Retail Takeaway)

This transaction looks like a routine compensation grant rather than a bearish signal. For retail traders, it’s noise, not a tradeable event — not worth short-/mid-term action unless corroborated by multiple discretionary buys or sales from senior executives.