Form 4: SM Energy Co: EVP & CFO Wade Pursell Reports Gift of 5,000 Shares
SEC Form 4 Filing
EVP & CFO of SM Energy Co, Wade Pursell, reports gifting 5,000 shares of common stock on August 13, 2024, reducing his direct holdings to 388,581 shares.
Summary
- On August 13, 2024, Wade Pursell, the EVP & CFO of SM Energy Co, reported a transaction involving the company's common stock.
- Pursell gifted 5,000 shares of common stock.
- The transaction was executed at a price of $0 per share, indicating a gift.
- Following the transaction, Pursell directly owns 388,581 shares of SM Energy Co.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding a gift of shares. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Date of transaction: Wade Pursell gifted 5,000 shares of SM Energy Co common stock. |
| 08/14/2024 | Date of report: Form 4 filing date. |
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