What price per share is associated with Brett Icahn’s SandRidge (SD) restricted stock grant?

The restricted stock grant to Brett Icahn reflects a share value of $15.30 for each of the 9,804 SandRidge Energy common shares. This figure is used for reporting the award’s value and does not represent a cash purchase price in an open-market trade.

[Form 4] SANDRIDGE ENERGY INC Insider Trading Activity

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

ICAHN BRETT reported acquisition or exercise transactions in this Form 4 filing.

SandRidge Energy director Brett Icahn received a grant of 9,804 shares of common stock valued at $15.30 per share as equity compensation. These restricted shares vest on the earlier of the first anniversary of the June 10, 2026 grant date or the day immediately preceding SandRidge’s next annual stockholder meeting. Following this award, he directly holds 22,709 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ICAHN BRETT

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	9,804	$15.30	$150K

Holdings After Transaction: Common Stock — 22,709 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Restricted stock grant: 9,804 shares Grant value per share: $15.30 per share Total holdings after grant: 22,709 shares

3 metrics

Restricted stock grant 9,804 shares Common Stock granted on June 10, 2026

Grant value per share $15.30 per share Reported value for the 9,804-share award

Total holdings after grant 22,709 shares Direct SandRidge common stock held after the transaction

Key Terms

restricted stock, grant date, 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.

grant date financial

"granted on June 10, 2026, which will vest on the earlier of the first anniversary of the grant date..."

The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.

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"

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Form 4 Insider Transactions: What Each Field Means →

06/12/2026 - 04:31 PM

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^*

ICAHN BRETT

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/10/2026		A		9,804⁽¹⁾	A	$15.3	22,709	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Reflects shares of restricted stock granted on June 10, 2026, which will vest on the earlier of the first anniversary of the grant date or the day immediately preceding the Company's next annual meeting of stockholders.

Remarks:

	/s/ Gaye Wilkerson, as attorney in fact for Brett Icahn	06/12/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Brett Icahn report in his latest Form 4 for SandRidge Energy (SD)?

Brett Icahn reported receiving 9,804 shares of SandRidge Energy common stock as a restricted stock grant. The shares were valued at $15.30 each and increased his direct holdings to 22,709 shares, reflecting routine director equity compensation rather than an open-market purchase.

Is Brett Icahn’s SandRidge (SD) Form 4 transaction a stock purchase or an award?

The Form 4 shows an award, not an open-market purchase. Icahn received 9,804 shares as a restricted stock grant classified as a “Grant, award, or other acquisition,” providing equity compensation instead of using cash to buy shares in the market.

When do Brett Icahn’s newly granted SandRidge (SD) restricted shares vest?

The 9,804 restricted shares granted to Brett Icahn on June 10, 2026 will vest on the earlier of the first anniversary of that grant date or the day immediately preceding SandRidge Energy’s next annual meeting of stockholders, aligning vesting with the company’s governance calendar.

How many SandRidge (SD) shares does Brett Icahn hold after this Form 4 award?

After the restricted stock grant, Brett Icahn directly holds 22,709 shares of SandRidge Energy common stock. The award added 9,804 shares to his prior holdings, increasing his equity stake through stock-based director compensation rather than through a market transaction.

Does Brett Icahn’s Form 4 for SandRidge (SD) involve any derivative securities?

This Form 4 does not report any derivative securities. It shows a single non-derivative transaction: a grant of 9,804 shares of SandRidge Energy common stock as restricted stock, with vesting tied to time and the company’s next annual stockholder meeting schedule.