SandRidge CEO exercises 2,358 RSUs, nets shares
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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,358 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,358 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,035 | $15.45 | $16K |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. 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
Key Terms
Restricted Stock Unit financial
tax-withholding disposition financial
Exercise or conversion of derivative security financial
vest in one-third increments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SandRidge Energy (SD) report for its CEO?
What are the vesting terms of the CEO’s SandRidge Energy (SD) restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.