SandRidge CEO exercises RSUs, gets share grant
SandRidge Energy President and CEO Grayson R. Pranin reported compensation-related equity activity.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 5,277 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,277 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,803 | $16.75 | $30K |
| Grant/Award | Common Stock | 7,915 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,278 | $16.75 | $38K |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. 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.
- F3. The restricted stock units will vest in one-third increments on each of the first, second and third anniversaries of the grant date.
FAQ
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What insider transactions did SandRidge Energy (SD) CEO Grayson Pranin report?
What equity awards did the SandRidge Energy (SD) CEO receive in this filing?
How do the restricted stock units in SandRidge Energy (SD) CEO’s Form 4 work?
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