STOCK TITAN

Former SandRidge Energy (SD) affiliate plans 2,600-share sale

(Neutral)
(Neutral)
Form Type
144

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.

Positive

  • None.

Negative

  • None.
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
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.

How many SANDRIDGE ENERGY (SD) shares does Randolph C. Read plan to sell?

Randolph C. Read plans to sell up to 2,600 common shares of SandRidge Energy. The filing shows these shares were acquired as compensation on June 17, 2026, and will be sold through Morgan Stanley Smith Barney LLC Executive Financial Services.

What is the market value of the SANDRIDGE ENERGY (SD) shares covered by this Form 144?

The 2,600 SandRidge Energy common shares covered by the notice have an aggregate market value of $37,189.62. This value is based on the market price used in the filing as of the notice date.

How many SANDRIDGE ENERGY (SD) shares were outstanding when the Form 144 was filed?

The filing states that 37,075,296 SandRidge Energy common shares were outstanding as of the notice date. This figure is used in the Rule 144 analysis and provides context for the relative size of the proposed sale.

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.

How were the SANDRIDGE ENERGY (SD) shares in this Form 144 acquired?

The 2,600 SandRidge Energy common shares covered by the notice were acquired as compensation from the issuer on June 17, 2026. The acquisition type is identified as “COMPENSATION” in the securities-to-be-sold section.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature