SandRidge Energy SVP exercises 1,000 RSUs, 244 withheld

SandRidge Energy SVP and Chief Accounting Officer Brandon Louis Brown Sr. exercised 1,000 restricted stock units into common stock on September 1, 2025, and 244 shares of common stock were withheld to satisfy tax liabilities at $11.8400 per share.

Rhea-AI Filing Summary

SandRidge Energy SVP and Chief Accounting Officer Brandon Louis Brown Sr. exercised 1,000 restricted stock units into common stock on September 1, 2025, and 244 shares of common stock were withheld to satisfy tax liabilities at $11.8400 per share. After these transactions, he directly holds 15,007 shares of common stock. The restricted stock units vest over four years in four 25% increments tied to the timely filing of the 2024 Form 10-K and subsequent September 1 anniversaries.

Insights

Securities Analyst

TL;DR: Routine insider compensation and a small sale; overall ownership change is modest and likely governance-driven.

The filing shows a standard mix of equity compensation and a minor open-market or specified sale. The reporting person received 1,000 shares as a grant and 1,000 RSUs (vesting schedule over four years), while disposing of 244 shares at $11.84 each, leaving 15,251 shares beneficially owned. These figures imply the equity grant is part of compensation rather than a significant ownership shift. The magnitude of the sale relative to total holdings is small, so the trades alone are unlikely to materially affect capital structure or signal major insider reallocation.

Corporate Governance Expert

TL;DR: Compensation-oriented grant with standard multi-year vesting; disclosure appears complete and routine.

The restricted stock unit terms are disclosed: 25% vest on a timely annual report, 25% on 09/01/2025, and 25% on each of the next two September 1 anniversaries. The Form 4 indicates proper reporting mechanics, including a power of attorney signature. The combination of immediate grant and time-based vesting aligns with common retention practices for senior officers. No departures, unusual accelerations, or derivative conversions are reported.

Insider Trade Summary

1,000 shares exercised/converted

Exercise 3 txns

Insider Brown Brandon Louis Sr.

Role SVP, Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	1,000	$0.00	$0.00
Exercise	Common Stock	1,000	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	244	$11.84	$3K

Holdings After Transaction: Restricted Stock Unit — 2,000 contracts (Direct); Common Stock — 15,007 shares (Direct)

Footnotes (2)

1. F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
2. F2. Restricted units granted to the reporting person will vest over four years in four increments: (i) 25% on the timely filing of the company's annual report on Form 10-K for the year ended December 31, 2024, (ii) 25% on September 1, 2025, and (iii) 25% on September 1 for each one-year anniversary thereafter.

Key Figures

RSUs exercised: 1,000 units Tax withholding shares: 244 shares Tax withholding price: $11.8400 per share +2 more

5 metrics

RSUs exercised 1,000 units Restricted stock units converted into common stock on September 1, 2025

Tax withholding shares 244 shares Common shares delivered to satisfy tax liability related to RSU exercise

Tax withholding price $11.8400 per share Per-share value used for the 244-share tax-withholding disposition

Post-transaction common shares 15,007 shares Direct SandRidge Energy common stock holdings after reported transactions

RSU vesting increment 25% Each annual tranche of restricted stock units vests in 25% increments

Key Terms

Restricted Stock Unit, tax-withholding disposition, contingent right, Form 10-K

4 terms

Restricted Stock Unit financial

"Each restricted stock unit represents a contingent right to receive one share of common stock."

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

tax-withholding disposition financial

"Payment of exercise price or tax liability by delivering securities in a tax-withholding disposition."

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of common stock."

Form 10-K regulatory

"Vesting is tied to the timely filing of the companys annual report on Form 10-K for 2024."

A Form 10-K is a comprehensive report that publicly traded companies are required to file annually with regulators. It provides a detailed overview of a company's financial health, operations, and risks, similar to a detailed health report. Investors use this information to assess the company's performance and make informed decisions about buying or selling its stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did SandRidge Energy (SD) report for Brandon Brown?

Brandon Brown exercised 1,000 restricted stock units into common stock and had 244 shares withheld for taxes. The RSU grant vests in four 25% tranches, and after these transactions he directly owns 15,007 shares of SandRidge Energy common stock.

When did SandRidge Energy (SD) SVP Brandon Brown exercise his RSUs and at what prices?

Brown exercised 1,000 restricted stock units on September 1, 2025 at an exercise price of $0.0000 per unit. A related tax-withholding disposition involved 244 shares of common stock at $11.8400 per share to cover tax liabilities.

How many SandRidge Energy (SD) shares does Brandon Brown hold after the Form 4 transactions?

Following the reported RSU exercise and tax withholding, Brown directly holds 15,007 shares of common stock. This post-transaction balance reflects his direct ownership position in SandRidge Energy after converting RSUs and having shares withheld for tax obligations.

How do Brandon Brown's SandRidge Energy (SD) restricted stock units vest over time?

Brown’s restricted stock units vest over four years in four 25% increments. The first 25% vests upon timely filing of the 2024 Form 10-K, the second on September 1, 2025, and remaining 25% tranches on each September 1 anniversary thereafter.

What does a tax-withholding disposition mean in SandRidge Energy (SD)'s Form 4?

A tax-withholding disposition means shares are delivered to cover tax obligations from an equity award. In Brown’s case, 244 shares of common stock were withheld at $11.8400 per share in connection with his RSU exercise, rather than sold on the open market.

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

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Accepted by SEC EDGAR 09/02/2025 - 07:22 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Brown Brandon Louis Sr.

(Last) (First) (Middle)

1 EAST SHERIDAN AVENUE

SUITE 500

(Street)

OKLAHOMA CITY OK 73104

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SANDRIDGE ENERGY INC [ SD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/01/2025		M		1,000	A	$0.00	15,251	D
Common Stock	09/01/2025		F		244	D	$11.84	15,007	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	09/01/2025		M			1,000	(2)	(2)	Common Stock	1,000	$0.00	2,000	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of common stock.

2. Restricted units granted to the reporting person will vest over four years in four increments: (i) 25% on the timely filing of the company's annual report on Form 10-K for the year ended December 31, 2024, (ii) 25% on September 1, 2025, and (iii) 25% on September 1 for each one-year anniversary thereafter.

Remarks:

	/s/ Gaye Wilkerson, Power of Attorney for Brandon Louis Brown, Sr.	09/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.