Form 4: Director Jerry L. Peters Reports Changes in Beneficial Ownership of Summit Midstream Corp (SMC)

Director Jerry L. Peters reports a transaction involving Summit Midstream Corp (SMC) common stock, resulting in a direct holding of 0 shares and indirect ownership of 23,246 shares through a Joint Spousal Trust.

Summary

• On April 24, 2025, Jerry L. Peters, a director of Summit Midstream Corp (SMC), reported a change in beneficial ownership.
• The transaction involved the disposition of 3,062 shares of common stock directly owned by Peters.
• Following the transaction, Peters directly holds 0 shares of common stock.
• Peters indirectly owns 23,246 shares through a Joint Spousal Trust, where he and his spouse are the sole beneficiaries and he serves as a trustee.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting a transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in Director Peters' holdings of Summit Midstream Corp stock.

Stakeholder Impact

• The change in beneficial ownership may be of interest to shareholders, as it provides insight into the actions of a company director.

Key Dates

Keywords

beneficial ownership, Form 4, Summit Midstream Corp, SMC, director, Jerry L. Peters, Joint Spousal Trust, common stock, transaction