SandRidge Energy (SD) SVP exercises 672 RSUs, ends with 26,314 shares

Rhea-AI Filing Summary

SandRidge Energy SVP and Chief Accounting Officer Brandon Louis Brown Sr. exercised 672 restricted stock units into an equal number of common shares on April 5, 2026. To cover tax obligations, 164 common shares were disposed of at $15.45 per share. Following these transactions, he directly holds 26,314 common shares.

Each restricted stock unit represents the right to receive one common share, and the units vest in one-third increments on each of the first three anniversaries of the grant date.

Insider Trade Summary

672 shares exercised/converted

Mixed 3 txns

Insider Brown Brandon Louis Sr.

Role SVP, Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	672	$0.00	--
Exercise	Common Stock	672	$0.00	--
Tax Withholding	Common Stock	164	$15.45	$3K

Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Common Stock — 26,478 shares (Direct)

Footnotes (1)

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: 672 units Shares withheld for taxes: 164 shares at $15.45 Post-transaction holdings: 26,314 shares

3 metrics

RSUs exercised 672 units Restricted stock units converted to common stock on April 5, 2026

Shares withheld for taxes 164 shares at $15.45 Tax-withholding disposition of common stock on April 5, 2026

Post-transaction holdings 26,314 shares Direct common stock ownership after reported transactions

Key Terms

Restricted Stock Unit, tax-withholding disposition, derivative security

3 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Brown Brandon Louis Sr.

(Last) (First) (Middle)

1 EAST SHERIDAN AVENUE

SUITE 500

(Street)

OKLAHOMA CITY OKLAHOMA 73104

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SANDRIDGE ENERGY INC [ SD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/05/2026		M		672	A	(1)	26,478	D
Common Stock	04/05/2026		F		164	D	$15.45	26,314	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	04/05/2026		M			672	(2)	(2)	Common Stock	672	$0.00	0.00	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of common stock.

2. The restricted stock units will vest in one-third increments on each of the first, second and third anniversaries of the grant date.

Remarks:

	/s/ Gaye Wilkerson, Power of Attorney for Brandon Louis Brown, Sr.	04/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did SandRidge Energy (SD) insider Brandon Louis Brown Sr. report in this Form 4?

He reported exercising 672 restricted stock units into common stock and a related tax-withholding disposition of 164 common shares at $15.45 per share. After these transactions, he directly owns 26,314 SandRidge Energy common shares.

How many SandRidge Energy (SD) shares does Brandon Louis Brown Sr. hold after this filing?

After the reported transactions, he directly holds 26,314 shares of SandRidge Energy common stock. This reflects the net result of exercising 672 restricted stock units and the disposition of 164 shares to satisfy tax obligations tied to the equity compensation.

What is the nature of the 164 SandRidge Energy (SD) shares disposed of by Brown?

The 164 common shares were disposed of as a tax-withholding transaction at $15.45 per share, not an open-market sale. They were delivered to cover tax liabilities associated with the equity award rather than reflecting a discretionary sale of shares.

How do the restricted stock units work for SandRidge Energy (SD) executive Brandon Brown?

Each restricted stock unit represents a contingent right to receive one SandRidge Energy common share. According to the disclosure, these units vest in one-third increments on each of the first, second, and third anniversaries of the grant date, subject to continued service conditions.

What type of transactions are coded “M” and “F” in this SandRidge Energy (SD) Form 4?

Code “M” reflects the exercise or conversion of a derivative security, here turning 672 restricted stock units into common shares. Code “F” indicates a tax-withholding disposition, where 164 common shares were delivered to satisfy tax liabilities related to the equity award.