Director at SM Energy (NYSE: SM) receives 6,166-share stock grant as compensation

Rhea-AI Filing Summary

ROBESON ROSE M reported acquisition or exercise transactions in this Form 4 filing.

SM Energy Co director Rose M. Robeson received a stock grant as board compensation. On June 22, 2026, she was granted 6,166 shares of SM Energy common stock at no cash cost as part of her director compensation. These shares are restricted stock that will vest in full on December 31, 2026. After this award, she directly holds 47,529 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ROBESON ROSE M

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 — 47,529 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares granted: 6,166 shares Grant price per share: $0.0000 per share Holdings after transaction: 47,529 shares +2 more

5 metrics

Shares granted 6,166 shares Restricted stock grant on June 22, 2026

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

Holdings after transaction 47,529 shares Total direct SM Energy common stock after grant

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

Transaction code A Grant, award, or other acquisition classification

Key Terms

restricted stock, grant, board member compensation, Form 4

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.

grant financial

"the Reporting Person was granted 6,166 shares of the Issuer's common stock"

board member compensation financial

"granted 6,166 shares of the Issuer's common stock for compensation as a board member"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/23/2026 - 04:38 PM Accepted by SEC EDGAR 06/23/2026 - 04:37 PM 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^*

ROBESON ROSE M

(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)		6,166	A	$0	47,529	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 6,166 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)

FAQ

What insider transaction did SM (SM Energy Co) report for Rose M. Robeson?

SM Energy Co reported that director Rose M. Robeson received a grant of 6,166 shares of common stock as board compensation. The award is recorded as an acquisition, not an open-market purchase or sale, and is part of routine director compensation.

How many SM Energy Co shares did Rose M. Robeson receive and at what price?

Rose M. Robeson received 6,166 shares of SM Energy Co common stock in this transaction. The grant price is reported as $0.0000 per share, reflecting a compensation-related stock award rather than a market purchase where she paid cash for the shares.

When do Rose M. Robeson’s newly granted SM Energy Co shares vest?

The 6,166 shares of restricted SM Energy Co common stock granted to Rose M. Robeson will vest in full on December 31, 2026. Until that vesting date, the shares are subject to restrictions typically tied to continued board service.

How many SM Energy Co shares does Rose M. Robeson hold after this grant?

Following the stock grant, Rose M. Robeson directly holds 47,529 shares of SM Energy Co common stock. This figure includes the newly awarded 6,166 restricted shares and represents her total direct ownership reported after the June 22, 2026 transaction.

Was Rose M. Robeson’s SM Energy Co stock grant an open-market buy or sale?

The filing classifies the transaction as a grant or award acquisition, not an open-market buy or sale. The shares were issued as compensation for her role as a board member, with no cash purchase price reported in the transaction details.