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SandRidge Energy (NYSE: SD) director Read to exit board after 2026 meeting

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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.
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.
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.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): April 18, 2026

 

 

 

SANDRIDGE ENERGY, INC.

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   1-33784   20-8084793

(State or Other Jurisdiction

of Incorporation or Organization)

 

(Commission File Number)

 

(I.R.S. Employer

Identification No.)

 

1 E. Sheridan Ave., Suite 500

Oklahoma City, OK 73104

(Address of Principal Executive Offices)

 

(405) 429-5500

Registrant’s Telephone Number, Including Area Code

 

Not Applicable.

(Former name or former address, if changed since last report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class  

Trading Symbol(s)

 

Name of each exchange on which registered

Common Stock, $0.001 par value   SD   New York Stock Exchange
Preferred Stock Purchase Rights       New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On April 18, 2026, Randolph C. Read notified SandRidge Energy, Inc. (the “Company”) that he will not be available to stand for re-election to the Company’s Board of Directors at its 2026 Annual Meeting of Stockholders (the “Annual Meeting”) and that he will continue to serve as a director until the expiration of his term at the Annual Meeting. Mr. Read’s decision not to stand for re-election was not due to any disagreement with the Company regarding any matter relating to the operations, policies or practices of the Company.

 

1

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

  SANDRIDGE ENERGY, INC.
   
Dated: April 21, 2026     By: /s/ Jonathan Frates
    Name:  Jonathan Frates
    Title: Executive Vice President and Chief Financial Officer

 

2

 

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.

Filing Exhibits & Attachments

3 documents