Devon Energy Reports Director Changes and Compensation Updates
Ticker: DVN · Form: 8-K · Filed: Dec 9, 2024 · CIK: 1090012
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
Related Tickers: DVN
TL;DR
Devon Energy board shake-up and pay plan changes filed.
AI Summary
Devon Energy Corp/DE announced on December 6, 2024, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors, the election of new directors, and adjustments to compensatory plans.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, or future performance expectations.
Risk Assessment
Risk Level: low — This filing reports routine corporate governance changes and compensation adjustments, which typically carry low immediate risk.
Key Players & Entities
- Devon Energy Corp/DE (company) — Registrant
- December 6, 2024 (date) — Date of earliest event reported
- DELAWARE (jurisdiction) — State of incorporation
- 001-32318 (filing_id) — SEC File Number
- 73-1567067 (tax_id) — IRS Employer Identification No.
- 333 W. SHERIDAN AVE. (address) — Address of principal executive offices
- OKLAHOMA CITY (city) — City of principal executive offices
- OKLAHOMA (state) — State of principal executive offices
- 73102-5015 (zip_code) — Zip code of principal executive offices
- ( 405 ) 235-361 (phone_number) — Registrant's telephone number
FAQ
What specific items are being reported under the 8-K filing?
The filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What is the date of the earliest event reported in this 8-K?
The date of the earliest event reported is December 6, 2024.
What is the company's state of incorporation and SEC file number?
The company is incorporated in DELAWARE and its SEC file number is 001-32318.
Where are Devon Energy's principal executive offices located?
The principal executive offices are located at 333 W. SHERIDAN AVE., OKLAHOMA CITY, OKLAHOMA 73102-5015.
What is the registrant's telephone number?
The registrant's telephone number, including area code, is (405) 235-361.
Filing Stats: 689 words · 3 min read · ~2 pages · Grade level 12.1 · Accepted 2024-12-09 07:11:53
Key Financial Figures
- $0.10 — ich registered Common Stock, par value $0.10 per share DVN The New York Stock Ex
- $1,000,000 — salary at an annualized rate of pay of $1,000,000, and (ii) a target percentage for the a
- $8,000,000 — warded by the Compensation Committee of $8,000,000. There are no arrangements or understan
Filing Documents
- d863723d8k.htm (8-K) — 24KB
- 0001193125-24-272870.txt ( ) — 139KB
- dvn-20241206.xsd (EX-101.SCH) — 3KB
- dvn-20241206_lab.xml (EX-101.LAB) — 17KB
- dvn-20241206_pre.xml (EX-101.PRE) — 11KB
- d863723d8k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DEVON ENERGY CORPORATION By: /s/ Christopher J. Kirt Christopher J. Kirt Vice President Corporate Governance and Secretary Date:December 9, 2024