Director at Summit Midstream (SMC) receives 3,733-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CLEARY JAMES J reported acquisition or exercise transactions in this Form 4 filing.
Summit Midstream Corp director James J. Cleary received a grant of 3,733 shares of Common Stock on March 16, 2026 at no purchase price, reflecting a compensation-related award rather than a market trade. Following this grant, he directly holds 37,004 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CLEARY JAMES J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,733 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 37,004 shares (Direct)
Footnotes (1)
FAQ
What did Summit Midstream Corp (SMC) director James J. Cleary report on this Form 4?
Director James J. Cleary reported receiving a grant of 3,733 Summit Midstream Corp Common Stock shares. The award carried a per-share price of $0.0000, indicating a compensation grant rather than an open-market purchase. This filing updates his reported equity holdings.
Was the Summit Midstream Corp (SMC) Form 4 transaction a market buy or sell?
The transaction was not a market buy or sell. It is coded as “A” for a grant, award, or other acquisition, with a transaction price of $0.0000 per share, indicating stock-based compensation rather than an open-market trade in Summit Midstream Corp shares.
Does the Summit Midstream Corp (SMC) Form 4 show any derivative securities activity?
The Form 4 does not report any derivative securities activity. The filing lists only a single non-derivative transaction: a grant of 3,733 Summit Midstream Corp Common Stock shares, with no options, warrants, or other derivative positions disclosed in the derivative summary section.
What does the transaction code on the Summit Midstream Corp (SMC) Form 4 mean?
The Form 4 uses transaction code “A,” which indicates a grant, award, or other acquisition of shares. For Summit Midstream Corp, this reflects an equity compensation grant of 3,733 Common Stock shares to director James J. Cleary, rather than an open-market purchase.