Director at SandRidge Energy (NYSE: SD) granted restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dunlap Nancy Martori reported acquisition or exercise transactions in this Form 4 filing.
SandRidge Energy Inc. director Nancy Martori Dunlap received a grant of 9,804 shares of common stock as restricted stock. The award was granted at a reference price of $15.30 per share and is compensation, not an open-market purchase. These restricted shares will vest on the earlier of the first anniversary of the June 10, 2026 grant date or the day immediately before the company’s next annual meeting of stockholders. Following this grant, Dunlap directly holds 47,833 shares of SandRidge Energy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dunlap Nancy Martori
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,804 | $15.30 | $150K |
Holdings After Transaction:
Common Stock — 47,833 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 9,804 shares
Grant reference price: $15.30 per share
Shares held after grant: 47,833 shares
3 metrics
Restricted stock grant
9,804 shares
Common stock awarded June 10, 2026
Grant reference price
$15.30 per share
Restricted stock valuation for the award
Shares held after grant
47,833 shares
Director’s direct holdings following the transaction
Key Terms
restricted stock, vest, annual meeting of stockholders
3 terms
restricted stock financial
"Reflects shares of restricted stock granted on June 10, 2026, which will vest"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"which will vest on the earlier of the first anniversary of the grant date"
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.
annual meeting of stockholders financial
"or the day immediately preceding the Company's next annual meeting of stockholders"
FAQ
What did SandRidge Energy (SD) director Nancy Martori Dunlap report in this Form 4?
Nancy Martori Dunlap reported receiving 9,804 shares of SandRidge Energy common stock as a restricted stock grant. The award is compensation, not an open-market purchase, and increases her direct holdings to 47,833 shares after the transaction.
Is the SandRidge Energy (SD) Form 4 transaction an open-market buy or a compensation grant?
The Form 4 reports a compensation grant, not an open-market purchase. The 9,804 shares were awarded as restricted stock with vesting conditions, classified as a grant or award acquisition under the SEC’s Form 4 transaction codes.