STOCK TITAN

Director gifts Summit Midstream (SMC) shares, ends direct stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Summit Midstream Corp director Jerry L. Peters reported gifting 7,466 shares of Common Stock on April 20, 2026. The transactions were bona fide gifts, split into two transfers of 3,733 shares each from his direct holdings and from a Joint Spousal Trust. After these gifts, he holds 26,979 shares indirectly through the Joint Spousal Trust and no shares directly.

Positive

  • None.

Negative

  • None.
Insider PETERS JERRY L
Role null
Type Security Shares Price Value
Gift Common Stock 3,733 $0.00 --
Gift Common Stock 3,733 $0.00 --
Holdings After Transaction: Common Stock — 0 shares (Direct, null); Common Stock — 26,979 shares (Indirect, By Joint Spousal Trust)
Footnotes (1)
  1. [object Object]
Total shares gifted 7,466 shares Bona fide gifts of Common Stock on April 20, 2026
First gift transaction 3,733 shares Indirect ownership, Joint Spousal Trust, Common Stock
Second gift transaction 3,733 shares Direct ownership, Common Stock
Shares held after gifts 26,979 shares Indirectly via Joint Spousal Trust following transactions
Gift transactions count 2 transactions Both coded G as bona fide gifts of Common Stock
bona fide gift financial
"transaction_code_description: "Bona fide gift" for both Common Stock entries"
Joint Spousal Trust financial
"nature_of_ownership: "By Joint Spousal Trust" and footnote describing trustees"
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing director’s transactions"
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.
indirect ownership financial
"ownership_type: "indirect" for shares held by Joint Spousal Trust"
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)
04/20/2026
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 Stock04/20/2026G3,733D$00D
Common Stock04/20/2026G3,733A$026,979IBy 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. Peters04/21/2026
** 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 (SMC) director Jerry L. Peters report?

Director Jerry L. Peters reported bona fide gifts of Summit Midstream common stock. He transferred 7,466 shares in total on April 20, 2026, through two separate 3,733-share gifts, moving shares from both direct ownership and a Joint Spousal Trust.

How many Summit Midstream (SMC) shares did Jerry L. Peters gift?

He gifted 7,466 shares of Summit Midstream common stock. The filing shows two bona fide gift transactions of 3,733 shares each, coded “G,” both dated April 20, 2026, with no price per share because gifts occur without monetary consideration.

What are Jerry L. Peters’ Summit Midstream (SMC) holdings after the reported gifts?

After the gifts, Jerry L. Peters holds 26,979 Summit Midstream shares indirectly. The Form 4 lists these shares as owned through a Joint Spousal Trust, while his direct common stock holdings are shown as zero following the April 20, 2026 transactions.

How are the gifted Summit Midstream (SMC) shares held according to the Form 4?

The Form 4 indicates shares are held through a Joint Spousal Trust and previously through direct ownership. Peters is a trustee and, with his spouse, the sole beneficiary of the trust, which now holds 26,979 shares of Summit Midstream common stock after the reported gifts.

Does Jerry L. Peters’ Form 4 for Summit Midstream (SMC) involve any stock sales or purchases?

The Form 4 reports only bona fide gifts, not open-market sales or purchases. Both transactions use code “G” with a zero dollar price per share, reflecting transfers of ownership as gifts rather than trades that would generate cash proceeds.