SandRidge SVP granted 5,572 RSUs
Brown Brandon Louis Sr. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Brown Brandon Louis Sr. reported acquisition or exercise transactions in this Form 4 filing.
SandRidge Energy senior vice president and chief accounting officer Brandon Louis Brown Sr. received a grant of 5,572 restricted stock units. Each unit represents the right to receive one share of common stock. The award vests in three equal annual installments on the first, second and third anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant to SandRidge Energy accounting chief with three-year vesting.
The filing shows Brandon Louis Brown Sr., SVP and chief accounting officer of SandRidge Energy, received 5,572 restricted stock units as equity compensation. Each unit corresponds to one share of common stock, so the award aligns his pay with shareholder value.
The units vest in one-third increments on the first, second and third anniversaries of the grant date, encouraging multi-year retention and performance. No sales or option exercises are reported, and there are no remaining derivative positions listed, making this a straightforward, time-vested compensation award.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 5,572 | $0.00 | $0.00 |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SandRidge Energy (SD) executive Brandon Brown receive in this Form 4?
How many SandRidge Energy (SD) restricted stock units were granted in this filing?
How do the SandRidge Energy (SD) restricted stock units vest for Brandon Brown?
Does this SandRidge Energy (SD) Form 4 show a stock purchase or sale?
What does each SandRidge Energy (SD) restricted stock unit represent in this grant?
How many SandRidge Energy (SD) restricted stock units does Brandon Brown hold after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.