Form 4: Summit Midstream Corp Director Acquires and Disposes of Shares
SEC Form 4 Filing
Director James Lee Jacobe reports acquiring 3,062 shares of Summit Midstream Corp common stock and disposing of an unspecified amount on March 14, 2025.
Summary
- On March 14, 2025, James Lee Jacobe, a director of Summit Midstream Corp, acquired 3,062 shares of common stock.
- The acquisition price was $0.
- Following the reported transaction, Jacobe directly owns 41,953 shares of Summit Midstream Corp.
- The filing also indicates a disposition of an unspecified amount of common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to insider trading activity. The sentiment is neutral as it simply reports transactions.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction may influence investor perception of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction: acquisition and disposition of shares. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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