SandRidge Energy (NYSE: SD) CEO exercises RSUs, uses shares for taxes

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

SandRidge Energy President, CEO & Director Grayson R. Pranin exercised restricted stock units that converted into 2,358 shares of common stock on April 5, 2026. These awards carried no exercise price.

To cover tax obligations, 1,035 common shares were withheld at $15.45 per share, a tax-withholding disposition rather than an open-market sale. After these transactions, Pranin directly owned 170,741 common shares.

The filing explains that each restricted stock unit represents a contingent right to receive one share of common stock and that such units vest in one-third increments on each of the first, second and third anniversaries of the grant date.

Insider Trade Summary

2,358 shares exercised/converted

Mixed 3 txns

Insider Pranin Grayson R

Role President, CEO & Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	2,358	$0.00	--
Exercise	Common Stock	2,358	$0.00	--
Tax Withholding	Common Stock	1,035	$15.45	$16K

Holdings After Transaction: Restricted Stock Unit — 0 shares (Direct); Common Stock — 171,776 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: 2,358 shares Shares withheld for taxes: 1,035 shares Tax withholding price: $15.45 per share +1 more

4 metrics

RSUs exercised 2,358 shares Restricted stock units converted to common stock on April 5, 2026

Shares withheld for taxes 1,035 shares Common stock withheld to satisfy tax liability

Tax withholding price $15.45 per share Price applied to 1,035 shares withheld

Shares held after transactions 170,741 shares CEO’s direct SandRidge Energy common stock ownership after April 5, 2026

Key Terms

Restricted Stock Unit, tax-withholding disposition, Exercise or conversion of derivative security, vest in one-third increments

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.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

vest in one-third increments financial

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

Form 4 Insider Transactions: What Each Field Means →

04/07/2026 - 06:45 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^*

Pranin Grayson R

(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
X	Officer (give title below)	Other (specify below)
	President, CEO & Director

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)
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	04/05/2026		M		2,358	A	⁽¹⁾	171,776	D
Common Stock	04/05/2026		F		1,035	D	$15.45	170,741	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)
Restricted Stock Unit	⁽¹⁾	04/05/2026		M			2,358	⁽²⁾	⁽²⁾	Common Stock	2,358	$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 Grayson R. Pranin	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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did SandRidge Energy (SD) report for its CEO?

SandRidge Energy reported that President and CEO Grayson R. Pranin exercised restricted stock units into 2,358 common shares. The transaction reflects equity compensation vesting, not an open-market purchase, and updated his direct share ownership in the company.

How many SandRidge Energy (SD) shares did the CEO receive and retain?

The CEO’s restricted stock unit exercise generated 2,358 common shares. Of these, 1,035 shares were withheld to satisfy tax obligations, leaving a net increase of 1,323 shares and bringing his direct SandRidge Energy common stock holdings to 170,741 shares.

At what price were SandRidge Energy (SD) shares withheld for taxes?

To cover tax obligations from the restricted stock unit vesting, 1,035 SandRidge Energy common shares were withheld at a price of $15.45 per share. This was a tax-withholding disposition, not an open-market sale transaction by the CEO.

What are the vesting terms of the CEO’s SandRidge Energy (SD) restricted stock units?

Each restricted stock unit represents a contingent right to receive one SandRidge Energy common share. The units vest in one-third increments on each of the first, second and third anniversaries of the original grant date, according to the filing’s footnotes.

How many SandRidge Energy (SD) shares does the CEO hold after this Form 4?

Following the restricted stock unit exercise and tax-withholding transaction, President and CEO Grayson R. Pranin directly holds 170,741 shares of SandRidge Energy common stock. This figure reflects his updated direct ownership after the April 5, 2026 equity compensation events.