SandRidge (NYSE: SD) CEO awarded 12,680 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pranin Grayson R reported acquisition or exercise transactions in this Form 4 filing.
SandRidge Energy, Inc. reported that President, CEO and Director Grayson R. Pranin received a grant of 12,680 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of common stock, providing equity-based compensation rather than a market purchase.
The RSUs vest in one-third increments on each of the first, second and third anniversaries of the grant date, meaning the award becomes fully vested over three years. After this grant, Pranin holds 12,680 RSUs directly, highlighting ongoing alignment of executive pay with the company’s share performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pranin Grayson R
Role
President, CEO & Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 12,680 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 12,680 shares (Direct)
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.
FAQ
What did SandRidge Energy (SD) disclose about Grayson R. Pranin’s latest equity award?
SandRidge Energy disclosed that President, CEO and Director Grayson R. Pranin received a grant of 12,680 restricted stock units. Each unit is a contingent right to one common share, representing equity compensation rather than an open-market stock purchase or sale.
How many restricted stock units were granted to the SandRidge (SD) CEO?
Grayson R. Pranin was granted 12,680 restricted stock units. These units give him the contingent right to receive 12,680 shares of common stock, tying a portion of his compensation directly to SandRidge Energy’s future share performance over time.
How do the new SandRidge (SD) RSUs granted to the CEO vest over time?
The 12,680 restricted stock units vest in three equal parts. One-third vests on each of the first, second, and third anniversaries of the grant date, creating a three-year vesting schedule that encourages longer-term leadership retention and performance alignment.
Did the SandRidge (SD) CEO buy or sell common stock in this Form 4 filing?
The filing shows an equity award, not a market trade. Grayson R. Pranin received 12,680 restricted stock units as a grant, representing a contingent right to future common shares, with no open-market buying or selling reported in this transaction.
What is the ownership position reported after the SandRidge (SD) CEO’s RSU grant?
After the transaction, the Form 4 reports that Grayson R. Pranin directly holds 12,680 restricted stock units. These units correspond to an equal number of underlying common shares, subject to the three-year vesting schedule described for this equity compensation award.