Executive leadership reshuffle and mixed insider activity following Coterra integration

EVPs Raines and DeShazer exited effective Aug. 20, with Hellman, Lowe, and Smith assuming expanded operating and technology roles. CEO Clay Gaspar bought 3,913 shares on Sept. 14 at $51.08, while EVP Robert Ferrall Lowe III sold 6,756 shares near $50.95–$50.96 and retained 72,720 shares, leaving the insider signal mixed.