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NYSE: DVN DEVON ENERGY CORP/DE 8-K

Devon registers 175K shares for Coterra preferred stock conversion post-merger

Filed June 5, 2026 · Period ending June 5, 2026 · ~1 min read

Key Changes

  • medium

    Devon filed to register 175,000 common shares issuable when holders convert Coterra's 8.125% perpetual preferred stock, following completion of the Coterra merger where Devon acquired the preferred stock obligation.

  • medium

    Coterra's preferred stock terms were amended at merger close so conversion now yields Devon common shares instead of Coterra shares, integrating the acquired company's capital structure into Devon's.

  • low

    Registration covers additional shares for potential stock splits, dividends, or anti-dilution adjustments related to the preferred conversion feature.

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Source-verified from EDGAR · Narrative written by AI · Jun 5, 2026 · How we verify