Summit Midstream (SMC) director awarded 3,733 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Summit Midstream Corp director Carolyn J. Stone received a grant of 3,733 shares of common stock as compensation. The award, dated March 16, 2026, was issued at no purchase price and brought her direct holdings to 3,733 shares, reflecting a non-market, compensation-related acquisition.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stone Carolyn J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,733 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,733 shares (Direct)
Footnotes (1)
FAQ
What does the Summit Midstream Corp (SMC) Form 4 for Carolyn J. Stone report?
The Form 4 reports that director Carolyn J. Stone received a grant of 3,733 shares of Summit Midstream Corp common stock. This was a compensation-related award issued at no purchase price, increasing her direct ownership position in the company.
Was Carolyn J. Stone’s Summit Midstream (SMC) transaction a purchase or a grant?
The transaction was a grant or award, not an open-market purchase. The Form 4 uses code “A” for a grant, showing 3,733 common shares acquired at a price of 0.0000 per share as part of her director compensation, rather than a voluntary market buy.
How is the ownership from the Summit Midstream (SMC) Form 4 characterized for Carolyn J. Stone?
The Form 4 characterizes Carolyn J. Stone’s holdings as direct ownership of common stock. The filing marks the transaction as non-derivative, with the 3,733 granted shares held directly, and does not show any related derivative securities or indirect ownership structures.