SandRidge Energy (SD) EVP & COO logs RSU exercise, tax withholding and stock grant
Rhea-AI Filing Summary
SandRidge Energy EVP & COO Dean Parrish reported routine equity compensation activity. On March 12, 2026, he exercised restricted stock units into 3,197 shares of common stock and received a grant of 4,795 additional common shares. A total of 2,650 shares were withheld at $16.75 per share to cover tax obligations, which is not an open-market sale. Following these transactions, he holds 35,628 common shares directly and 6,392 restricted stock units, which vest in one-third increments over three years.
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Insights
Routine vesting, option exercise and tax withholding with no open‑market trading.
Dean Parrish, EVP & Chief Operating Officer of SandRidge Energy, exercised 3,197 restricted stock units into common stock and received a 4,795‑share stock award. These actions reflect standard equity compensation rather than discretionary market purchases or sales.
Two F‑code transactions totaling 2,650 shares at $16.75 per share were used to satisfy tax liabilities, not sold into the market. After these moves, Parrish holds 35,628 common shares and 6,392 restricted stock units, indicating continued equity exposure to the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,197 | $0.00 | -- |
| Exercise | Common Stock | 3,197 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,092 | $16.75 | $18K |
| Grant/Award | Common Stock | 4,795 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,558 | $16.75 | $26K |
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.