secwatch.observer — SEC 8-K summary
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Issuer:     Coterra Energy Inc. (CTRA)
CIK:        0000858470
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001104659-26-057278
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coterra Energy completes merger with Devon; shares converted at 0.70x ratio
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- Merger closed May 7, 2026; each CTRA share converted into 0.70 shares of Devon common stock.
- CTRA common stock delisted from NYSE; ceased trading prior to market open on May 7.
- Coterra board and officers resigned; CEO Thomas E. Jorden terminated, receiving severance per agreement.
- Coterra became a wholly-owned subsidiary of Devon; change in control occurred.
- Coterra's credit agreement terminated and all outstanding obligations paid in full.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/858470/000110465926057278/0001104659-26-057278-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/858470/000110465926057278/tm2613882d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-057278

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