STOCK TITAN

Summit Midstream (SMC) director Peters sells 10,000 shares via trust

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Summit Midstream Corp director Jerry L. Peters reported an open-market sale of 10,000 shares of Common Stock at $32.00 per share through a Joint Spousal Trust. The transaction was reported as an indirect ownership change.

Following this sale, the Joint Spousal Trust held 16,979 Summit Midstream Corp shares attributable to Peters.

Positive

  • None.

Negative

  • None.
Insider PETERS JERRY L
Role null
Sold 10,000 shs ($320K)
Type Security Shares Price Value
Sale Common Stock 10,000 $32.00 $320K
Holdings After Transaction: Common Stock — 16,979 shares (Indirect, By Joint Spousal Trust)
Footnotes (1)
  1. [object Object]
Shares sold 10,000 shares Open-market sale of Common Stock
Sale price $32.00 per share Price for the 10,000 shares sold
Shares held after sale 16,979 shares Indirectly held by Joint Spousal Trust after transaction
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Joint Spousal Trust financial
"nature_of_ownership: By Joint Spousal Trust"
indirect financial
"ownership_type: indirect"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED 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*
PETERS JERRY L

(Last)(First)(Middle)
C/O SUMMIT MIDSTREAM CORPORATION
910 LOUISIANA STREET, SUITE 4200

(Street)
HOUSTON TEXAS 77002

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Summit Midstream Corp [ SMC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/19/2026S10,000D$3216,979IBy Joint Spousal Trust(1)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The Reporting Person is a trustee of the Joint Spousal Trust. The Reporting Person and his spouse are the sole beneficiaries of the Joint Spousal Trust.
Remarks:
/s/ James D. Johnston, Attorney-in-Fact for Jerry L. Peters05/21/2026
** Signature of Reporting PersonDate
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 Summit Midstream Corp (SMC) report for Jerry L. Peters?

Summit Midstream Corp reported that director Jerry L. Peters executed an open-market sale of 10,000 shares of Common Stock. The transaction was reported on a Form 4 as an indirect sale through a Joint Spousal Trust at a price of $32.00 per share.

At what price were the Summit Midstream Corp (SMC) shares sold in Jerry L. Peters’ Form 4?

The reported sale was executed at $32.00 per share of Summit Midstream Corp Common Stock. This price applies to the 10,000 shares sold in the open market, as disclosed in the Form 4 insider trading report for director Jerry L. Peters.

How many Summit Midstream Corp (SMC) shares does Jerry L. Peters hold after this transaction?

After the reported transaction, the Joint Spousal Trust held 16,979 shares of Summit Midstream Corp Common Stock. These shares are reported as indirectly owned by director Jerry L. Peters through the trust structure, as disclosed in the Form 4 filing.

How was ownership structured for Jerry L. Peters’ Summit Midstream Corp (SMC) shares?

The Form 4 states that Jerry L. Peters’ transaction involved shares held indirectly through a Joint Spousal Trust. Peters is a trustee, and he and his spouse are the sole beneficiaries of this trust, which held 16,979 shares after the reported sale.

Was the Summit Midstream Corp (SMC) Form 4 sale by Jerry L. Peters a direct or indirect transaction?

The sale was reported as an indirect transaction. The 10,000 Summit Midstream Corp shares were sold by a Joint Spousal Trust, with ownership coded as indirect, and Jerry L. Peters listed as a trustee and beneficiary along with his spouse.

What type of security was involved in Jerry L. Peters’ Summit Midstream Corp (SMC) Form 4 filing?

The Form 4 shows that the transaction involved Summit Midstream Corp Common Stock. Director Jerry L. Peters reported an open-market sale of 10,000 Common Stock shares at $32.00 per share, held indirectly through a Joint Spousal Trust structure.