What does the 1,891-share derivative exercise mean for SandRidge Energy (SD) EVP Parrish?

The 1,891-share derivative exercise represents conversion of derivative rights into common stock at a stated price of $0.00 per share. This is categorized as an exercise or conversion of a derivative security, typical for restricted stock units or similar equity awards granted as compensation.

SandRidge Energy (NYSE: SD) EVP exercises 1,891 RSUs; 546 shares withheld for taxes

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

SandRidge Energy EVP & COO Dean Parrish reported routine equity compensation activity. He exercised derivative rights to acquire 1,891 shares of common stock, recorded at a price of $0.00 per share, and 546 shares were disposed of to satisfy tax obligations at $15.27 per share.

Following these transactions, Parrish directly holds 38,633 shares of SandRidge Energy common stock. The filing also notes restricted stock units, each representing a contingent right to receive one share of common stock, which vest in one-third increments on each of the first, second and third anniversaries of the grant date.

Insider Trade Summary

1,891 shares exercised/converted

Mixed 3 txns

Insider Parrish Dean

Role EVP & Chief Operating Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	1,891	$0.00	--
Exercise	Common Stock	1,891	$0.00	--
Tax Withholding	Common Stock	546	$15.27	$8K

Holdings After Transaction: Restricted Stock Unit — 1,891 shares (Direct, null); Common Stock — 38,633 shares (Direct, null)

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

Derivative exercise shares: 1,891 shares Tax-withholding shares: 546 shares Tax-withholding price: $15.27 per share +3 more

6 metrics

Derivative exercise shares 1,891 shares Shares acquired through derivative exercise on 2026-05-17

Tax-withholding shares 546 shares Shares disposed to cover tax liability on 2026-05-17

Tax-withholding price $15.27 per share Value used for 546-share tax-withholding disposition

Shares held after transactions 38,633 shares Direct common stock holdings after reported transactions

Tax-withholding total shares 546 shares Summarized as taxWithholdingShares in transaction summary

Exercise total shares 1,891 shares Summarized as exerciseShares in transaction summary

Key Terms

Restricted Stock Unit, tax-withholding disposition, derivative exercise/conversion, contingent right

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

"The F-coded transaction is described as a tax-withholding disposition to satisfy tax liability."

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 exercise/conversion financial

"The M-coded transaction is categorized as a derivative exercise/conversion of a derivative security."

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of common stock."

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 05:15 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^*

Parrish Dean

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP & Chief Operating 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)

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	05/17/2026		M		1,891	A	⁽¹⁾	38,633	D
Common Stock	05/17/2026		F		546	D	$15.27	38,087	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⁾	05/17/2026		M			1,891	⁽²⁾	⁽²⁾	Common Stock	1,891	$0.00	1,891	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, as attorney in fact for Dean Parrish	05/19/2026
	** 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 transactions did SandRidge Energy (SD) EVP Dean Parrish report?

Dean Parrish reported exercising derivative rights to acquire 1,891 common shares and disposing of 546 shares to cover tax obligations. These transactions are recorded as a derivative exercise and a tax-withholding disposition, reflecting routine equity compensation activity rather than open-market trading.

How many SandRidge Energy (SD) shares does Dean Parrish hold after this Form 4?

After the reported transactions, Dean Parrish directly holds 38,633 shares of SandRidge Energy common stock. This figure reflects his position following the 1,891-share derivative exercise and the 546-share tax-withholding disposition recorded in the Form 4 filing.

At what price were shares disposed for taxes in the SandRidge Energy (SD) Form 4?

The 546 shares disposed of to cover tax obligations were valued at $15.27 per share. This F-coded transaction is described as a payment of tax liability by delivering securities, rather than an open-market sale initiated for investment reasons.

How do Dean Parrish’s SandRidge Energy (SD) restricted stock units vest?

Each restricted stock unit represents a contingent right to receive one common share and vests in one-third increments on each of the first, second and third anniversaries of the grant date. This schedule spreads the compensation over three years, aligning with continued service.

Is the SandRidge Energy (SD) Form 4 a buy or sell signal from Dean Parrish?

The Form 4 shows a mix of actions: a derivative exercise to acquire 1,891 shares and a 546-share tax-withholding disposition. The tax-related disposition is not an open-market sale, so the overall filing reflects routine compensation mechanics rather than a directional trading signal.