Board member at SM Energy (NYSE: SM) receives 9,024-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fox Carrie M reported acquisition or exercise transactions in this Form 4 filing.
SM Energy Co director Carrie M. Fox received a grant of 9,024 shares of common stock on June 22, 2026 as compensation for her board service. The shares are issued as restricted stock that will vest in full on December 31, 2026. Following this award, she directly holds 98,046 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fox Carrie M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $.01 Par Value | 9,024 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $.01 Par Value — 98,046 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 9,024 shares
Grant price: $0.0000 per share
Holdings after grant: 98,046 shares
+1 more
4 metrics
Restricted stock grant
9,024 shares
Director compensation grant on June 22, 2026
Grant price
$0.0000 per share
Compensation-related stock award, no cash paid
Holdings after grant
98,046 shares
Total common shares directly held after transaction
Vesting date
December 31, 2026
Restricted stock vests in full on this date
Key Terms
restricted stock, Form 4, Grant, award, or other acquisition, director compensation
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.
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
director compensation financial
"granted 9,024 shares of the Issuer's common stock for compensation as a board member"
FAQ
What did SM Energy (SM) director Carrie M. Fox report in this Form 4?
Carrie M. Fox reported receiving a grant of 9,024 shares of SM Energy common stock as board compensation. The award was made on June 22, 2026 and increased her direct holdings to 98,046 shares after the transaction.
Is the SM Energy (SM) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a stock grant, not an open-market purchase. Fox received 9,024 restricted common shares at no cash cost as compensation for serving on the board, classified as a grant or award acquisition.
What is the transaction code used in Carrie M. Fox’s SM Energy (SM) Form 4?
The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition. This reflects a compensation-related stock award rather than a market trade, consistent with a director receiving restricted shares for board service.