Michael D. DeShazer - 05 Feb 2026 Form 4 Insider Report for Coterra Energy Inc. (CTRA)

Signature
/s/ Marcus G. Bolinder, attorney-in-fact
Issuer symbol
CTRA
Transactions as of
05 Feb 2026
Net transactions value
-$320,841
Form type
4
Filing time
09 Feb 2026, 18:57:01 UTC
Previous filing
03 Feb 2026
Next filing
26 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
DeShazer Michael D. EVP - Operations 840 GESSNER ROAD, SUITE 1400, HOUSTON /s/ Marcus G. Bolinder, attorney-in-fact 09 Feb 2026 0001887203

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTRA Common Stock Options Exercise $0 +28,261 +24% $0.000000 143,649 05 Feb 2026 Direct F1, F2, F3
transaction CTRA Common Stock Tax liability $320,841 -11,121 -7.7% $28.85 132,528 05 Feb 2026 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CTRA Performance Shares Options Exercise $0 -28,261 -100% $0.000000 0 05 Feb 2026 Common Stock 28,261 Direct F1, F3, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 5, 2026, the Compensation Committee of the Issuer certified the performance shares earned resulting in full vesting of the portion payable in common stock and the remainder amount paid to the reporting person in cash.
F2 Represents shares of common stock earned as a result of the certification by the Compensation Committee of the Issuer to the achievement of certain performance criteria under the terms of the performance share award agreement granted on February 21, 2023.
F3 Each performance share earned (up to 100% of the performance shares awarded) converted into common stock on a one-for-one basis.
F4 Represents shares of common stock withheld by the Issuer to satisfy the reporting person's tax obligations relating to the vesting of a previously disclosed award of performance shares, not a sale transaction by the reporting person.
F5 On February 21, 2023, the reporting person received a grant of performance shares. The performance share award agreement provides for vesting between 0% and 200% of the performance shares awarded (payable in common stock up to 100% of the performance shares awarded and, for vesting above 100% in cash) based upon the achievement of certain performance criteria over a three-year performance period beginning February 1, 2023 and ending January 31, 2026.
F6 Represents the number of performance shares awarded on February 21, 2023.