Form 4: SM Energy Co. Executive A. Wade Pursell Reports Stock Disposals

Executive Vice President and CFO of SM Energy Co., A. Wade Pursell, reported the disposal of 4,500 shares of common stock through gifts.

Summary

• A Form 4 filing indicates that A. Wade Pursell, EVP & CFO of SM Energy Co., disposed of 4,500 shares of common stock.
• The transactions occurred on November 19, 2024.
• The shares were disposed of through gifts, with no price per share listed.
• Following these transactions, Mr. Pursell directly owns 384,081 shares of SM Energy Co. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, not indicative of positive or negative sentiment.

Industry Context

This is a routine filing related to insider transactions and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The reporting of gifts as a form of disposal is also standard practice.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they represent a small portion of the total outstanding shares.

Key Dates

Keywords

Form 4, insider trading, stock disposal, SM Energy Co, A. Wade Pursell, executive, CFO, equity, gifts