STOCK TITAN

Executive at SandRidge (NYSE: SD) nets shares after RSU vesting and tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SandRidge Energy senior vice president and chief accounting officer Brandon Louis Brown Sr. reported routine equity compensation activity. He exercised 1,761 restricted stock units, each converting into one share of common stock. To cover tax obligations, 429 shares of common stock were disposed of as a tax-withholding transaction rather than an open-market sale.

Following these transactions, Brown directly held 27,646 shares of SandRidge common stock. The filing also shows a remaining derivative position of 1,761 restricted stock units, which vest in one-third increments on each of the first, second and third anniversaries of the grant date.

Positive

  • None.

Negative

  • None.
Insider Brown Brandon Louis Sr.
Role SVP, Chief Accounting Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit 1,761 $0.00 --
Exercise Common Stock 1,761 $0.00 --
Tax Withholding Common Stock 429 $15.27 $7K
Holdings After Transaction: Restricted Stock Unit — 1,761 shares (Direct, null); Common Stock — 28,075 shares (Direct, null)
Footnotes (1)
  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.
RSUs exercised 1,761 shares Restricted stock units converted into common stock on May 17, 2026
Tax-withholding shares 429 shares Common stock disposed of to satisfy tax liability
Post-transaction common shares 27,646 shares Common stock directly owned after reported transactions
Remaining RSU holdings 1,761 units Restricted stock units shown as derivative securities after transactions
Tax-withholding reference price $15.27 per share Price associated with 429-share tax-withholding disposition
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of common stock."
anniversaries of the grant date financial
"will vest in one-third increments on each of the first, second and third anniversaries of the grant date."
SEC Form 4
FORM 4UNITED 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*
Brown Brandon Louis Sr.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/17/2026M1,761A(1)28,075D
Common Stock05/17/2026F429D$15.2727,646D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)05/17/2026M1,761 (2) (2)Common Stock1,761$0.001,761D
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 Brandon Louis Brown, Sr.05/19/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did SandRidge Energy (SD) report for Brandon Brown?

SandRidge Energy reported that executive Brandon Louis Brown Sr. exercised 1,761 restricted stock units into common shares. As part of this compensation event, 429 shares were disposed of to satisfy tax obligations through share withholding, not through an open-market sale.

How many SandRidge (SD) shares does Brandon Brown hold after this Form 4?

After the reported transactions, Brandon Louis Brown Sr. directly holds 27,646 shares of SandRidge common stock. The filing also shows a remaining holding of 1,761 restricted stock units, which are derivative awards that can convert into additional common shares over time.

Was the SandRidge (SD) insider transaction an open-market sale?

No, the disposition of 429 shares by Brandon Louis Brown Sr. is labeled as a tax-withholding disposition. This means shares were withheld to cover tax liabilities associated with equity vesting, rather than sold by the executive in the open market for investment purposes.

What does the 1,761 SandRidge (SD) restricted stock units represent?

Each of the 1,761 restricted stock units represents a contingent right to receive one share of SandRidge common stock. According to the disclosure, these awards vest in one-third increments on each of the first, second and third anniversaries of the original grant date.

How are SandRidge (SD) restricted stock units for Brandon Brown scheduled to vest?

The restricted stock units described vest in one-third increments on each of the first, second, and third anniversaries of the grant date. This three-year vesting schedule is typical for executive compensation, aligning long-term equity incentives with ongoing service to the company.