SM Energy (NYSE: SM) CFO makes 5,000-share stock gift
Rhea-AI Filing Summary
SM Energy Co (SM) reported that its EVP & CFO, A. Wade Pursell, made a bona fide gift of 5,000 shares of common stock on August 21, 2026. The transaction was recorded at $0.00 per share, and Pursell’s directly held stake after the gift is 426,531 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
1 txn
Insider
PURSELL A WADE
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, $.01 Par Value | 5,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, $.01 Par Value — 426,531 shares (Direct)
Key Figures
Shares gifted: 5,000 shares
Price per share: $0.00
Shares owned after transaction: 426,531 shares
+1 more
4 metrics
Shares gifted
5,000 shares
Bona fide gift of common stock on August 21, 2026
Price per share
$0.00
Reported value for the bona fide gift transaction
Shares owned after transaction
426,531 shares
Directly held by A. Wade Pursell following the gift
Gift transactions in filing
1 transaction; 5,000 shares
Aggregate gift activity in the Form 4 transaction summary
Key Terms
bona fide gift, par value, Form 4
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for the share transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
par value financial
"Security titled "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.
Form 4 regulatory
"Insider transaction is reported on <b>Form 4</b>"
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.
FAQ
What insider transaction did SM (SM Energy Co) disclose in this Form 4?
SM Energy Co disclosed that EVP & CFO A. Wade Pursell made a bona fide gift of 5,000 shares of common stock on August 21, 2026, reported at $0.00 per share.
Was the SM (SM Energy Co) insider transaction a sale or a gift?
The reported insider transaction was a bona fide gift, coded “G” on the Form 4, not an open-market sale. The price per share is shown as $0.00.
Did SM (SM Energy Co) indicate a Rule 10b5-1 trading plan for this Form 4?
No. The Rule 10b5-1 checkbox is unchecked (aff_10b5_one is false), indicating the reported gift was not affirmed as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
