SandRidge Energy (SD) CEO logs RSU exercise and tax-withholding share disposition
Rhea-AI Filing Summary
SandRidge Energy’s President and CEO Grayson R. Pranin reported routine equity compensation activity involving company common stock. On May 17, 2026, he exercised restricted stock units to acquire 3,138 shares of common stock and simultaneously had 1,378 shares withheld to cover tax obligations.
Following these transactions, Pranin held 173,879 shares of SandRidge common stock directly, and 3,138 restricted stock units remained outstanding. The restricted stock units each represent a right to receive one share of common stock and vest in one-third increments on each of the first three anniversaries of the grant date.
Positive
- None.
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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 | -- |
| Exercise | Common Stock | 3,138 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,378 | $15.27 | $21K |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units will vest in one-third increments on each of the first, second and third anniversaries of the grant date.