leadership
confidence high
sentiment neutral
materiality 0.50
Coterra CEO Thomas Jorden receives $10M stock award of 488,759 shares vesting Dec 2024
Coterra Energy Inc.
- Award of 488,759 shares of Coterra common stock to CEO Thomas E. Jorden, grant date fair value $10 million.
- Award vests in full on December 1, 2024, under Coterra's assumed 2019 Cimarex equity plan.
- Award consistent with May 2021 letter agreement and Cimarex's historical December annual grant practice.
- Other legacy Cimarex employees also received share-based awards under same plan.