DVN Form 3: Director Brent Smolik Discloses 2,600 Shares
Rhea-AI Filing Summary
Brent J. Smolik, a director of Devon Energy Corp (DVN), filed an initial Form 3 reporting direct ownership of 2,600 shares of the company's common stock. The event requiring the filing is dated 10/01/2025 and the Form 3 was signed on 10/08/2025 by an attorney-in-fact. The filing indicates this is an individual filing by one reporting person and discloses no derivative securities or additional indirect holdings.
Positive
- Director ownership disclosed: initial beneficial ownership of 2,600 shares was reported
- Compliance: Form 3 correctly filed indicating adherence to Section 16 reporting requirements
Negative
- None.
Insights
Director disclosure shows direct ownership of 2,600 shares; no derivatives reported.
The filing records an initial beneficial-ownership statement for Brent J. Smolik as a director, listing 2,600 shares of common stock held directly. There are no derivative positions or indirect ownership categories disclosed on the form.
This disclosure is a routine compliance step under Section 16; monitor future Form 4 filings for any option grants, purchases, or sales that would show changes to this position after 10/01/2025.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |