Director at SandRidge Energy (SD) receives 9,804-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Katz Jacob M reported acquisition or exercise transactions in this Form 4 filing.
SandRidge Energy Inc. director Jacob M. Katz reported an equity award of company stock. On June 10, 2026, he received a grant of 9,804 shares of Common Stock, recorded at $15.30 per share, as a compensation-related award rather than an open-market purchase.
The shares are structured as restricted stock that will vest on the earlier of the first anniversary of the June 10, 2026 grant date or the day immediately preceding SandRidge Energy’s next annual meeting of stockholders. Following this grant, Katz directly holds 9,804 shares of SandRidge Energy common stock according to the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Katz Jacob M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,804 | $15.30 | $150K |
Holdings After Transaction:
Common Stock — 9,804 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares granted: 9,804 shares
Grant value per share: $15.30 per share
Post-grant holdings: 9,804 shares
+1 more
4 metrics
Shares granted
9,804 shares
Restricted stock grant to director on June 10, 2026
Grant value per share
$15.30 per share
Recorded price for the June 10, 2026 restricted stock award
Post-grant holdings
9,804 shares
Total Common Stock directly held by Jacob M. Katz after the grant
Vesting anniversary
First anniversary of June 10, 2026
One of the vesting triggers for the restricted stock
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
"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 Jacob M. Katz?
SandRidge Energy reported that director Jacob M. Katz received a grant of 9,804 shares of Common Stock on June 10, 2026. The filing classifies this as a grant or award acquisition, not an open-market stock purchase.
What are the vesting terms of Jacob M. Katz’s restricted stock in SandRidge Energy (SD)?
The 9,804 restricted shares granted to Jacob M. Katz will vest on the earlier of the first anniversary of the June 10, 2026 grant date or the day immediately preceding SandRidge Energy’s next annual meeting of stockholders, according to the Form 4 footnote.
Is Jacob M. Katz’s SandRidge Energy (SD) Form 4 transaction a market purchase or a compensation grant?
The Form 4 describes the transaction as a grant, award, or other acquisition of Common Stock. It reflects restricted stock granted as director compensation, not an open-market purchase of SandRidge Energy shares with personal cash.