SandRidge CEO exercises RSUs, holds 172,501 shares
SandRidge Energy Inc reported that President, CEO & Director Grayson R. Pranin exercised restricted stock units into 3,138 shares of common stock on May 17, 2026.
Rhea-AI Filing Summary
SandRidge Energy Inc reported that President, CEO & Director Grayson R. Pranin exercised restricted stock units into 3,138 shares of common stock on May 17, 2026. Of these, 1,378 shares were disposed of to cover tax obligations at $15.27 per share.
After these transactions, Pranin holds 172,501 shares of SandRidge Energy common stock directly. Each restricted stock unit represents a contingent right to receive one share of common stock that vests in one-third increments over three years from the grant date.
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Insights
CEO’s Form 4 shows routine RSU vesting, exercise and tax withholding.
SandRidge Energy’s President and CEO, Grayson R. Pranin, exercised restricted stock units to acquire 3,138 shares of common stock and had 1,378 shares withheld to satisfy tax liabilities. No open-market buying or selling occurred in this filing.
The transactions are compensation-driven: RSUs convert into common stock as they vest, and the company withholds a portion of shares for taxes. After these actions, Pranin directly holds 173,879 common shares, suggesting the dispositions are small relative to his total stake.
The footnotes indicate each restricted stock unit represents one share of common stock and vests in equal one-third installments over three years from the grant date. Subsequent company filings may provide additional detail on future RSU grants or vesting events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,138 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,138 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,378 | $15.27 | $21K |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. The restricted stock units will vest in one-third increments on each of the first, second and third anniversaries of the grant date.
Key Figures
Key Terms
Restricted Stock Unit financial
tax-withholding disposition financial
derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SandRidge Energy (SD) report for CEO Grayson R. Pranin?
How many SandRidge Energy (SD) restricted stock units did the CEO exercise and into what did they convert?
Were the SandRidge Energy (SD) insider transactions made under a Rule 10b5-1 trading plan?
How do SandRidge Energy (SD) restricted stock units for the CEO vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.