SandRidge Energy (SD) CEO reports RSU exercise, new stock grant and tax withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SandRidge Energy President and CEO Grayson R. Pranin reported compensation-related equity activity. He exercised 5,277 restricted stock units into common shares at a $0.00 exercise price, then had 1,803 shares withheld at $16.75 per share to cover tax obligations. He also received a grant of 7,915 common shares as an award, with an additional 2,278 shares withheld at $16.75 per share for taxes. Following these transactions, he directly holds 169,418 shares of common stock and 10,553 restricted stock units that each represent a contingent right to one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,277 shares exercised/converted
Mixed
5 txns
Insider
Pranin Grayson R
Role
President, CEO & Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 5,277 | $0.00 | -- |
| Exercise | Common Stock | 5,277 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,803 | $16.75 | $30K |
| Grant/Award | Common Stock | 7,915 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,278 | $16.75 | $38K |
Holdings After Transaction:
Restricted Stock Unit — 10,553 shares (Direct);
Common Stock — 165,584 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock. Represents the vesting and settlement of Performance Share Units granted by the issuer on March 12, 2025, under Issuer's 2016 Omnibus Incentive Plan, as amended. The restricted stock units will vest in one-third increments on each of the first, second and third anniversaries of the grant date.
FAQ
What insider transactions did SandRidge Energy (SD) CEO Grayson Pranin report?
Grayson Pranin reported exercising 5,277 restricted stock units into common shares and receiving a grant of 7,915 common shares. The filing also shows share withholdings to cover tax obligations, reflecting routine equity compensation activity rather than open-market buying or selling.
What equity awards did the SandRidge Energy (SD) CEO receive in this filing?
The filing shows a grant of 7,915 shares of common stock as an award, and the vesting and settlement of 5,277 performance-based restricted stock units. These awards were made under SandRidge Energy’s 2016 Omnibus Incentive Plan, as amended, and relate to executive compensation.
How do the restricted stock units in SandRidge Energy (SD) CEO’s Form 4 work?
Each restricted stock unit represents a contingent right to receive one SandRidge Energy common share. Certain units vest and settle based on performance share awards, while others vest in one-third increments on each of the first three anniversaries of the applicable grant date.