Director at SandRidge Energy (NYSE: SD) gets restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Firestone Jaffrey Adam reported acquisition or exercise transactions in this Form 4 filing.
SandRidge Energy director Jaffrey Adam Firestone received a grant of 9,804 shares of restricted common stock at a reference price of $15.30 per share. After this award, he directly holds 64,382 shares. The restricted stock will vest on the earlier of the first anniversary of the June 10, 2026 grant date or the day immediately before the company’s next annual stockholders’ meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Firestone Jaffrey Adam
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,804 | $15.30 | $150K |
Holdings After Transaction:
Common Stock — 64,382 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 9,804 shares
Grant reference price: $15.30 per share
Shares held after grant: 64,382 shares
+1 more
4 metrics
Restricted stock grant
9,804 shares
Common Stock award on June 10, 2026
Grant reference price
$15.30 per share
Restricted stock grant value reference
Shares held after grant
64,382 shares
Director’s direct holdings following transaction
Vesting schedule
Earlier of 1 year or pre-annual meeting
Restricted stock vesting terms from footnote
Key Terms
restricted stock, vest, annual meeting of stockholders, Grant, award, or other acquisition
4 terms
restricted stock financial
"Reflects shares of restricted stock granted on June 10, 2026, which will vest..."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"which will vest on the earlier of the first anniversary of the grant date..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"or the day immediately preceding the Company's next annual meeting of stockholders."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did SandRidge Energy (SD) report for Jaffrey Adam Firestone?
SandRidge Energy reported that director Jaffrey Adam Firestone received 9,804 shares of restricted common stock. The award was recorded at a reference price of $15.30 per share and is structured as equity compensation rather than an open-market purchase.
Is the SandRidge Energy (SD) director transaction a purchase or a grant?
The transaction is a grant of restricted stock, not an open-market purchase. The Form 4 describes it as a grant, award, or other acquisition, meaning the shares were received as compensation rather than bought on the stock market.
Does this SandRidge Energy (SD) Form 4 show any stock sales by the director?
The Form 4 does not report any stock sales by the director. It shows a single acquisition of 9,804 restricted shares as a grant or award, increasing his direct holdings to a total of 64,382 common shares after the transaction.