SM Energy director granted 9,024 restricted shares

BROOKMAN BARTON R JR reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

BROOKMAN BARTON R JR reported acquisition or exercise transactions in this Form 4 filing.

SM Energy Co director Barton R. Brookman Jr. received a grant of 9,024 shares of common stock as compensation for serving on the board. These shares are restricted stock that will vest in full on December 31, 2026. Following this award, he directly holds 35,771 common shares.

Insider Trade Summary

Grant/Award: 9,024 shares

Grant/Award 1 txn

Insider BROOKMAN BARTON R JR

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $.01 Par Value	9,024	$0.00	$0.00

Holdings After Transaction: Common Stock, $.01 Par Value — 35,771 shares (Direct)

Footnotes (1)

1. F1. On June 22, 2026, the Reporting Person was granted 9,024 shares of the Issuer's common stock for compensation as a board member. These shares of restricted stock will vest in full on December 31, 2026.

Key Figures

Shares granted: 9,024 shares Price per share: $0.0000 per share Shares after transaction: 35,771 shares +2 more

5 metrics

Shares granted 9,024 shares Restricted stock grant on June 22, 2026

Price per share $0.0000 per share Reported grant price for compensation award

Shares after transaction 35,771 shares Director’s direct holdings following grant

Vesting date December 31, 2026 Restricted stock vests in full on this date

Transaction code A Grant, award, or other acquisition of stock

Key Terms

restricted stock, vest in full, compensation as a board member, Grant, award, or other acquisition

4 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.

vest in full financial

"These shares of restricted stock will vest in full on December 31, 2026."

compensation as a board member financial

"the Reporting Person was granted 9,024 shares of the Issuer's common stock for compensation as a board member."

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SM Energy Co (SM) report in this Form 4?

SM Energy Co reported that director Barton R. Brookman Jr. received a grant of 9,024 shares of common stock as board compensation. The award is in stock rather than cash and is documented as a routine grant/award acquisition.

Was the SM Energy Co (SM) Form 4 transaction an open-market stock purchase or sale?

The Form 4 shows a grant of 9,024 shares to a director, not an open-market trade. The transaction code is “A,” meaning a grant or award acquisition, with a reported price of $0.0000 per share as part of compensation.

When do the granted SM Energy Co (SM) restricted shares vest for the director?

The 9,024 restricted shares granted to the director will vest in full on December 31, 2026. Until vesting, they are subject to restrictions, but the grant is already reflected in his reported holdings after the transaction.

How many SM Energy Co (SM) shares does the reporting director hold after this grant?

After receiving the 9,024-share grant, the director is reported to directly hold 35,771 shares of SM Energy common stock. This figure includes the newly awarded restricted shares as of the transaction reporting date.

What does transaction code “A” mean in the SM Energy Co (SM) Form 4?

Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition of stock rather than a market purchase. Here, it reflects 9,024 shares of common stock granted as compensation for serving on SM Energy’s board.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/23/2026 - 04:38 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BROOKMAN BARTON R JR

(Last) (First) (Middle)

1700 LINCOLN STREET

SUITE 3200

(Street)

DENVER COLORADO 80203

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SM Energy Co [ SM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.01 Par Value	06/22/2026		A(1)		9,024	A	$0	35,771	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On June 22, 2026, the Reporting Person was granted 9,024 shares of the Issuer's common stock for compensation as a board member. These shares of restricted stock will vest in full on December 31, 2026.

Remarks:

	Andrew T. Fiske (Attorney-in-Fact)	06/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)