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SandRidge exec exercises 1,000 RSUs, 244 shares withheld

SandRidge Energy’s chief accounting officer exercised 1,000 RSUs into common stock, with 244 shares withheld or delivered to cover exercise price or tax obligations.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SANDRIDGE ENERGY INC (SD) reported that Brandon Louis Brown Sr., its SVP and Chief Accounting Officer, exercised 1,000 restricted stock units into an equal number of shares of common stock on September 1, 2026. In connection with this event, 244 shares of common stock were delivered or withheld for payment of exercise price or tax liability.

Footnotes state that each restricted stock unit represents a contingent right to receive one share of common stock and that the restricted units granted to the reporting person vest over four years in 25% increments tied to the timely filing of the Form 10-K for 2024 and specified September 1 anniversaries.

Positive

  • None.

Negative

  • None.
Insider Brown Brandon Louis Sr.
Role SVP, Chief Accounting Officer
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 244 $14.37 $4K
Holdings After Transaction: Restricted Stock Unit — 1,000 contracts (Direct); Common Stock — 28,402 shares (Direct)
Footnotes (2)
  1. F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
  2. 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.
Restricted stock units exercised 1,000 units RSUs converted into common stock on September 1, 2026
Common shares acquired from RSU conversion 1,000 shares Shares of SandRidge Energy common stock received on September 1, 2026
Shares delivered or withheld for exercise price or tax liability 244 shares Common stock used to satisfy exercise price or tax obligations on September 1, 2026
Reference price for exercise price or tax liability transaction $14.37 per share Price associated with the 244-share payment of exercise price or tax liability
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
contingent right financial
"represents a contingent right to receive one share of common stock"
vest financial
"Restricted units granted to the reporting person will vest over four years"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding"

FAQ

What insider transaction did SandRidge Energy (SD) disclose for September 1, 2026?

SandRidge Energy disclosed that its SVP and Chief Accounting Officer, Brandon Louis Brown Sr., exercised 1,000 restricted stock units into 1,000 shares of common stock on September 1, 2026, with 244 shares delivered or withheld to pay exercise price or tax liability.

How many SandRidge Energy (SD) RSUs were converted to common stock in this Form 4?

The Form 4 reports the exercise or conversion of 1,000 restricted stock units, resulting in 1,000 shares of SandRidge Energy common stock being acquired by the reporting person on September 1, 2026.

What was the purpose of the 244-share transaction reported for SandRidge Energy (SD)?

The filing states that 244 shares of SandRidge Energy common stock were delivered or withheld on September 1, 2026, for payment of exercise price or tax liability related to the restricted stock unit exercise.

What is the vesting schedule for the SandRidge Energy (SD) restricted stock units in this filing?

The footnotes state that the restricted units vest over four years in 25% increments: 25% on timely filing of the Form 10-K for the year ended December 31, 2024, 25% on September 1, 2025, and 25% on each September 1 one-year anniversary thereafter.

Was a Rule 10b5-1 trading plan involved in this SandRidge Energy (SD) Form 4?

No. The Form 4 indicates that the document-level Rule 10b5-1 checkbox is not affirmed, and the footnotes do not state that the transactions were made pursuant to a Rule 10b5-1 trading plan.

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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)
09/01/2026
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 Stock09/01/2026M1,000A$0.0028,646D
Common Stock09/01/2026F244D$14.3728,402D
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)09/01/2026M1,000 (2) (2)Common Stock1,000$0.001,000D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of common stock.
2. 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.
Remarks:
/s/ Gaye Wilkerson, Power of Attorney for Brandon Louis Brown, Sr.09/03/2026
** 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)