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Devon Energy10-K: Restructuring

Clay M. Gaspar appointed new President and CEO effective March 1, 2025.

Source

SEC EDGARApr 21, 2026

Annual report (Form 10-K)

Devon Energy 10-K

Filing excerpt

These 2025 annual salary rates took effect on February 8, 2025 for all executives above except Mr. Gaspar, whose 2025 rate took effect March 1, 2025 upon his appointment as President and CEO.

sec.gov/Archives/edgar/data/1090012/000110465926046005/tmb-20251231x1...Read the full source

Other signals in this filing (10)

Extracted by Autobound

From the Signal API record
Signal
10-K: Restructuring

What this signalsFilings often name leadership changes, deals and spending plans.

Filed
Apr 21, 2026

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The full record

From the Signal API record

Numbers

Dollar figure
$1M (New annual salary for President and CEO Clay M. Gaspar.)
Percent
41.3% (Salary increase for Clay M. Gaspar upon appointment to President and CEO.)

Details

CIK
1090012
Accession number
0001104659-26-046005
Timeframe
Current year
Filing year
2026
Why it matters
Change management needs
Signal category
Workforce

Extraction

Confidence
High
Relevance
100%
Sentiment
Neutral
Detected
Apr 28, 2026
signal_type
sec-10k
signal_subtype
restructuring

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This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/81604b9e-86c6-4f95-9c4f-7320724046bb returns this record as JSON. POST /v1/companies/enrich returns every signal for devonenergy.com.

{
  "signal_id": "81604b9e-86c6-4f95-9c4f-7320724046bb",
  "signal_type": "sec-10k",
  "signal_subtype": "restructuring",
  "detected_at": "2026-04-28T09:49:53.564+00:00",
  "company": {
    "name": "Devon Energy",
    "domain": "devonenergy.com"
  },
  "data": {
    "detail": "The appointment of a new CEO, especially an internal promotion with a significant 41.3% salary increase, often triggers a 90-day review of strategies, budgets, and key vendor relationships. This creates a prime opportunity for new solution providers to engage with leadership during a period of strategic re-evaluation.",
    "metrics": {
      "pct": 41.3,
      "timeframe": "current_year",
      "pct_context": "Salary increase for Clay M. Gaspar upon appointment to President and CEO.",
      "dollar_context": "New annual salary for President and CEO Clay M. Gaspar.",
      "dollar_millions": 1
    },
    "summary": "Clay M. Gaspar appointed new President and CEO effective March 1, 2025.",
    "excerpts": "These 2025 annual salary rates took effect on February 8, 2025 for all executives above except Mr. Gaspar, whose 2025 rate took effect March 1, 2025 upon his appointment as President and CEO.",
    "relevance": 1,
    "sentiment": "neutral",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1090012/000110465926046005/tmb-20251231x10ka.htm",
    "filing_date": "2026-04-21",
    "filing_year": 2026,
    "sales_relevance": "Change management needs",
    "signal_category": "workforce"
  }
}

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