SandRidge Energy (NYSE: SD) director Read to exit board after 2026 meeting
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
SandRidge Energy, Inc. reported that director Randolph C. Read has informed the company he will not stand for re-election to the Board of Directors at the 2026 Annual Meeting of Stockholders. He will continue serving as a director until his current term expires at that meeting.
The company stated that Mr. Read’s decision is not due to any disagreement with SandRidge regarding its operations, policies, or practices. The filing was signed on behalf of the company by Executive Vice President and Chief Financial Officer Jonathan Frates.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Terms
Annual Meeting of Stockholders, Board of Directors, Preferred Stock Purchase Rights, Emerging growth company
4 terms
Annual Meeting of Stockholders financial
"he will not be available to stand for re-election to the Company’s Board of Directors at its 2026 Annual Meeting of Stockholders"
Board of Directors financial
"he will not be available to stand for re-election to the Company’s Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
Preferred Stock Purchase Rights financial
"Preferred Stock Purchase Rights | | | | New York Stock Exchange"
Emerging growth company regulatory
"17 CFR §240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What board change did SandRidge Energy (SD) disclose in this 8-K filing?
SandRidge Energy disclosed that director Randolph C. Read will not stand for re-election at the 2026 Annual Meeting of Stockholders. He will remain on the Board until his current term expires at that meeting, providing continuity through the upcoming annual stockholder event.
When will Randolph C. Read step down from SandRidge Energy’s (SD) Board of Directors?
Randolph C. Read will step down from SandRidge Energy’s Board when his current term ends at the 2026 Annual Meeting of Stockholders. Until that annual meeting takes place, he will continue serving as a director under his existing term on the Board.
Did Randolph C. Read cite any disagreement with SandRidge Energy (SD) for not seeking re-election?
SandRidge Energy stated that Randolph C. Read’s decision not to stand for re-election was not due to any disagreement with the company. This includes no disagreement related to its operations, policies, or practices as specifically referenced in the disclosure language.
What exactly did Randolph C. Read communicate to SandRidge Energy (SD)?
Randolph C. Read notified SandRidge Energy that he will not be available to stand for re-election to the Board of Directors at the 2026 Annual Meeting. He also indicated he will continue serving as a director until his current term ends at that annual meeting.
Who signed the SandRidge Energy (SD) Form 8-K reporting this board change?
The Form 8-K reporting Randolph C. Read’s plans regarding re-election was signed on behalf of SandRidge Energy by Jonathan Frates. He is identified in the document as the company’s Executive Vice President and Chief Financial Officer, acting as the authorized signatory.