SandRidge CEO granted 12,680 RSUs
Pranin Grayson R reported acquisition or exercise transactions in this Form 4 filing.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 12,680 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2. The restricted stock units will vest in one-third increments on each of the first, second and third anniversaries of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SandRidge Energy (SD) disclose about Grayson R. Pranin’s latest equity award?
How many restricted stock units were granted to the SandRidge (SD) CEO?
How do the new SandRidge (SD) RSUs granted to the CEO vest over time?
Did the SandRidge (SD) CEO buy or sell common stock in this Form 4 filing?
What is the ownership position reported after the SandRidge (SD) CEO’s RSU grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.