SM Energy (NYSE: SM) awards 46,639 RSUs to EVP and COO
Rhea-AI Filing Summary
McKenna Blake Douglas reported acquisition or exercise transactions in this Form 4 filing.
SM Energy Co granted EVP and COO McKenna Blake Douglas 46,639 restricted stock units. Each unit represents a contingent right to one share of common stock. The award vests in three equal annual installments beginning July 1, 2027, with shares delivered and restrictions lapsing at each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McKenna Blake Douglas
Role
EVP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 46,639 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 46,639 shares (Direct)
Footnotes (1)
- F1. Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in three equal annual installments beginning on July 1, 2027. The vested shares will be issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares will lapse.
Key Figures
Restricted stock units granted: 46,639 units
Underlying common shares: 46,639 shares
Price per RSU: 0.0000 per share
+2 more
5 metrics
Restricted stock units granted
46,639 units
Equity award to EVP and COO on 2026-07-24
Underlying common shares
46,639 shares
Each RSU corresponds to one share of common stock, $.01 par value
Price per RSU
0.0000 per share
Reported transaction price for the RSU grant
Vesting installments
3 installments
RSUs vest in three equal annual installments beginning July 1, 2027
RSUs held after grant
46,639 units
Total restricted stock units owned directly by the reporting person after the transaction
Key Terms
Restricted Stock Units, contingent right, vesting dates, par value
4 terms
Restricted Stock Units financial
"security title is listed as Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vesting dates financial
"The vested shares will be issued to the Reporting Person on the vesting dates"
par value financial
"underlying security title Common Stock, $.01 Par Value"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity award did SM (SM) grant to McKenna Blake Douglas?
SM Energy granted EVP and COO McKenna Blake Douglas 46,639 restricted stock units. Each RSU represents a right to receive one share of common stock, providing equity-based compensation aligned with the company’s share performance over time.
How do the 46,639 RSUs granted by SM Energy (SM) vest?
The 46,639 restricted stock units vest in three equal annual installments. Vesting begins on July 1, 2027, with one-third of the units vesting each year and shares delivered on the respective vesting dates.
What does each restricted stock unit represent in SM Energy (SM)’s Form 4?
Each restricted stock unit represents a contingent right to receive one share of SM Energy common stock. Actual shares are issued only on the vesting dates, when all restrictions on the vested shares lapse.
How many SM Energy (SM) RSUs does McKenna Blake Douglas hold after this grant?
Following this transaction, McKenna Blake Douglas holds 46,639 restricted stock units. These units correspond to the same number of potential common shares, subject to the three-year annual vesting schedule starting July 1, 2027.
Is the SM Energy (SM) RSU grant to McKenna Blake Douglas a market purchase or a compensation award?
The transaction is a grant or award acquisition of restricted stock units, not a market purchase. It reflects equity compensation provided by SM Energy to its EVP and COO rather than open-market share buying or selling.