SandRidge COO converts 1,000 RSUs to shares
The EVP & Chief Operating Officer of SandRidge Energy Inc. settled 1,000 RSUs into common shares, with 289 shares used to cover exercise price or tax obligations.
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Rhea-AI Filing Summary
SANDRIDGE ENERGY INC (SD) reported that EVP & Chief Operating Officer Dean Parrish settled equity awards on September 1, 2026. He converted 1,000 restricted stock units into 1,000 shares of common stock at no stated exercise price, and 289 shares of common stock were delivered or withheld at $14.37 per share for payment of exercise price or tax liability. Each restricted stock unit represents a right to receive one common share, with vesting over four years tied to the company’s Form 10-K filing for the year ended December 31, 2024 and subsequent September 1 anniversaries.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2 | 1,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 289 | $14.37 | $4K |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. Restricted units granted to the reporting person will vest over four years in four increments: (i) 25% on the timely filing of the company's annual report on Form 10-K for the year ended December 31, 2024, (ii) 25% on September 1, 2025, and (iii) 25% on September 1 for each one-year anniversary thereafter.
Key Figures
Key Terms
Restricted stock unit financial
Form 10-K regulatory
tax liability financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity transaction did SD report for Dean Parrish on September 1, 2026?
How many SandRidge Energy (SD) RSUs were involved in Dean Parrish’s latest Form 4?
What is the vesting schedule of the RSUs reported for SandRidge Energy (SD)?
Was a Rule 10b5-1 trading plan disclosed for the SD insider transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.