President and Chief Executive Officer · Devon Energy Corp (DVN)

Clay Gaspar

A named executive officer of Devon Energy in every fiscal year CompBrief holds from FY2021 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$12,566,384

FY2024: $7,006,793

1st of 7 named executive officers at Devon Energy by FY2025 total.

7 named officers on file for Devon Energy, FY2025

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What this number hides

The filing gives the total. Devon Energy’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed May 28, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-11-06.

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Clay Gaspar compensation by year

Devon Energy Summary Compensation Table · all 5 fiscal years held
In US dollars, as Devon Energy reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2021FY2022FY2023FY2024FY2025
Salary$589,000$638,362$674,362$703,315$938,125
Bonus$0—$0$0$0
Stock awards$3,609,362$4,518,726$4,685,973$4,959,051$9,633,689
Option awards$0—$0$0$0
Non-equity incentive$1,097,400$1,058,800$687,100$1,117,900$1,612,000
Pension and deferred compensation$0—$0$0$0
All other$124,210$279,155$290,219$226,527$382,570
Total$5,419,972$6,495,043$6,337,654$7,006,793$12,566,384

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Devon Energy Corp DEF 14A filed May 28, 2026, accession 0001104659-26-067065, and prior-year filings.

How this page was built: the Devon Energy Corp filed document, accession 0001104659-26-067065. Every figure is read from that document and cited to the page and table it appears in. Filed May 28, 2026.

$5.4M
$6.5M
$6.3M
$7.0M
$12.6M
FY21
FY22
FY23
FY24
FY25
SalaryNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU210,159$7,698,124—
RSU93,404$3,421,389—
PSU43,679$1,599,962—
RSU29,120$1,066,666—
RSU23,796$871,647—
RSU12,591$461,208—
RSU7,277$266,557—

Per the Outstanding Equity Awards at Fiscal Year-End table in Devon Energy Corp's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

2 Form 4 lines since the FY2025 proxy (filed May 28, 2026)
current to 2026-11-06 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-09-14Purchase—3,913$51.08619,152
2026-09-10Grant or award—53,979$0.00615,239

The 2 most recent of 2 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Devon Energy’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Clay Gaspar · this pagePresident and Chief Executive Officer$12,566,384
Jeffrey RitenourExecutive Vice President and Chief Financial Officer$6,411,245
David HarrisFormer Executive Vice President and Chief Corporate Development Officer$5,407,863
Dennis CameronExecutive Vice President and General Counsel$4,678,542
Tana CashionExecutive Vice President Human Resources and Administration$3,248,224
John RainesSenior Vice President E&P Asset Management$2,843,117
Richard MuncriefFormer President and Chief Executive Officer$857,300

Board service

Devon Energy board · FY2025

How this board is paid

Company policy: Devon Energy pays directors a $100,000 cash retainer and $230,000 in Restricted Stock. As stated in Devon Energy's FY2025 proxy.

Committees

Dividend

The full Devon Energy compensation record

free company brief

This page is one person within Devon Energy's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Devon Energy proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Devon Energy's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Devon Energy's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Clay Gaspar's compensation dossier