Form 4: SM Energy EVP Lebeck Reports Stock Transactions

SM Energy's EVP of Corporate Development and General Counsel, James Barker Lebeck, reported the vesting of restricted stock units and subsequent sale of shares for tax purposes.

Summary

• James Barker Lebeck, EVP Corp Development & GC of SM Energy Co, reported transactions on January 23, 2026.
• Acquired 14,698 shares of common stock through the vesting of restricted stock units.
• Following this acquisition, direct beneficial ownership was 21,628 shares.
• Subsequently, disposed of 6,791 shares of common stock at $18.75 per share.
• The disposition was likely for tax withholding purposes related to the vesting.
• After both transactions, direct beneficial ownership is 14,837 shares of common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine executive compensation event (vesting and tax-related sale), not inherently positive or negative for the company's operational performance or outlook.

Positives

• Vesting of 14,698 restricted stock units for EVP James Barker Lebeck, indicating executive compensation and alignment with shareholder interests.

Negatives

• Disposition of 6,791 shares of common stock by EVP James Barker Lebeck, reducing his direct ownership in the company.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency on executive stock ownership changes.
• Employees: Reflects standard executive compensation practices.

Key Dates

Keywords

SM Energy, James Barker Lebeck, Form 4, insider transaction, restricted stock units, stock vesting, executive compensation, oil and gas