Form 4: SandRidge Energy CEO Grayson R. Pranin Reports Stock Transactions
SEC Form 4
Grayson R. Pranin, President, CEO, and COO of SandRidge Energy, reports the acquisition and disposal of common stock and restricted stock units on March 15, 2024.
Summary
- On March 15, 2024, Grayson R. Pranin, the President, CEO, and COO of SandRidge Energy Inc., reported transactions involving the company's stock.
- Pranin acquired 2,673 shares of common stock through the vesting of restricted stock units at a price of $0.00.
- He also disposed of 759 shares of common stock at a price of $13.89.
- Following these transactions, Pranin directly owns 123,733 shares of SandRidge Energy Inc.
- He also owns 2,673 restricted stock units, each representing a contingent right to receive one share of common stock, which vest in one-third increments on the anniversaries of the grant date.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by SEC regulations. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The reported transactions provide transparency to shareholders regarding executive stock ownership.
- The transactions may have a minor impact on the stock price due to the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| March 9, 2021 | Date of Power of Attorney execution, granting Gaye Wilkerson the authority to execute SEC filings on behalf of Grayson R. Pranin. |
| 03/15/2024 | Date of the reported stock transactions, including acquisition and disposal of common stock and vesting of restricted stock units. |
| 03/19/2024 | Date of signature for the Form 4 filing by Gaye Wilkerson, Power of Attorney for Grayson R. Pranin. |
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