Former SandRidge Energy (SD) affiliate plans 2,600-share sale
Rhea-AI Filing Summary
SANDRIDGE ENERGY, INC. (SD) is the issuer of common stock covered by a Rule 144 filing by Randolph C. Read, identified as a former affiliate. Read filed notice to sell up to 2,600 common shares, acquired from the issuer as compensation on June 17, 2026, through Morgan Stanley Smith Barney LLC Executive Financial Services. The planned sale has an aggregate market value of $37,189.62, and the filing states that 37,075,296 common shares were outstanding as of the notice date. The filing also lists multiple prior sales of SandRidge common stock by Read during June and July 2026, including individual transactions of 20,000 shares and 20,876 shares.
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Key Figures
Shares to be sold: 2,600 shares
Aggregate market value of planned sale: $37,189.62
Shares outstanding: 37,075,296 shares
+2 more
5 metrics
Shares to be sold
2,600 shares
Common stock to be sold under Rule 144 by Randolph C. Read
Aggregate market value of planned sale
$37,189.62
Value of 2,600 shares of SandRidge common stock covered by the notice
Shares outstanding
37,075,296 shares
SandRidge Energy common shares outstanding as referenced in the filing
Large prior sale on July 13, 2026
20,876 shares for $290,027.00
Common stock sale by Randolph C. Read during past 3 months
Prior sale on June 30, 2026
20,082 shares for $278,384.44
Common stock sale by Randolph C. Read during past 3 months
Key Terms
Rule 144, Former Affiliate, Aggregate market value
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Former Affiliate regulatory
"Former Affiliate"
Aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services ... | 37189.62"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does the Form 144 filing mean for SANDRIDGE ENERGY, INC. (SD)?
The filing reports that Randolph C. Read, a former affiliate, intends to sell up to 2,600 shares of SandRidge Energy common stock under Rule 144. It is a notice of a proposed resale and does not itself change the company’s capital structure.
What prior sales of SANDRIDGE ENERGY (SD) stock did Randolph C. Read report in the last 3 months?
The filing lists multiple prior sales of SandRidge common stock by Randolph C. Read during June and July 2026, including 20,876 shares for $290,027.00 on July 13, 2026 and 20,082 shares for $278,384.44 on June 30, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.