[Form 4] SANDRIDGE ENERGY INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SANDRIDGE ENERGY INC executive Vice President and Chief Operating Officer Dean Parrish reported routine equity compensation activity. On April 5, 2026, he exercised 1,567 restricted stock units, converting them into an equal number of common shares at a stated price of $0.00 per share.
To cover tax obligations tied to this vesting, 453 common shares were disposed of at $15.45 per share through a tax-withholding transaction, which is not an open-market sale. Following these transactions, Parrish directly holds 36,742 common shares of SandRidge Energy.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,567 shares exercised/converted
Mixed
3 txns
Insider
Parrish Dean
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,567 | $0.00 | -- |
| Exercise | Common Stock | 1,567 | $0.00 | -- |
| Tax Withholding | Common Stock | 453 | $15.45 | $7K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Common Stock — 37,195 shares (Direct)
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.
Key Figures
RSUs exercised: 1,567 units
Tax-withholding shares: 453 shares
Tax-withholding price: $15.45 per share
+2 more
5 metrics
RSUs exercised
1,567 units
Restricted stock units converted to common stock on April 5, 2026
Tax-withholding shares
453 shares
Common shares disposed at $15.45 to cover tax liability
Tax-withholding price
$15.45 per share
Price for 453 common shares used for tax payment
Shares owned after transaction
36,742 shares
Dean Parrish direct common stock holdings following Form 4 transactions
Exercise price per RSU
$0.00 per share
Stated price for converting 1,567 restricted stock units into common stock
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative security, contingent right
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"
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of common stock."
