SM Energy (NYSE: SM) director awarded 6,166 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
van Kempen Wouter T. reported acquisition or exercise transactions in this Form 4 filing.
SM Energy Co director Wouter T. van Kempen received a grant of 6,166 shares of common stock as compensation for board service. These shares are structured as restricted stock that will vest in full on December 31, 2026. Following this award, he directly holds 141,551 shares of SM Energy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
van Kempen Wouter T.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $.01 Par Value | 6,166 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $.01 Par Value — 141,551 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 6,166 shares
Grant price: $0.00 per share
Total shares after grant: 141,551 shares
+1 more
4 metrics
Shares granted
6,166 shares
Restricted stock grant on June 22, 2026
Grant price
$0.00 per share
Equity compensation, not a cash purchase
Total shares after grant
141,551 shares
Direct holdings following the transaction
Vesting date
December 31, 2026
Restricted stock vests in full on this date
Key Terms
restricted stock, grant, equity compensation
3 terms
restricted stock financial
"These shares of restricted stock will vest in full on December 31, 2026."
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.
grant financial
"the Reporting Person was granted 6,166 shares of the Issuer's common stock"
equity compensation financial
"granted 6,166 shares of the Issuer's common stock for compensation as a board member"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
FAQ
What did SM Energy (SM) director Wouter T. van Kempen report in this Form 4?
He reported receiving a grant of 6,166 shares of SM Energy common stock as compensation for serving on the board. The transaction is a share award, not an open-market purchase or sale, and carries a reported price of $0.00 per share.
Is the SM Energy (SM) stock grant to Wouter T. van Kempen immediately vested?
No. The 6,166-share grant is restricted stock that will vest in full on December 31, 2026. Until vesting, the award remains subject to the company’s vesting conditions associated with his service as a board member.
What type of transaction does the Form 4 for SM Energy (SM) classify this as?
The transaction is coded “A,” described as a grant, award, or other acquisition. It reflects an equity compensation grant of common stock, not an open-market trade, and is categorized as a non-derivative acquisition of shares.