4/A: Summit Midstream Corp Director Corrects Reporting Error on Stock Transactions
SEC Form 4/A
Jerry L. Peters, a director at Summit Midstream Corp, files an amended Form 4/A to correct errors in previous filings regarding the direct and indirect ownership of common stock.
Summary
- Jerry L. Peters, a director at Summit Midstream Corp, filed an amended Form 4/A on April 28, 2025, to correct errors in previous Form 4 filings from March 18, 2025, and March 20, 2025.
- The original filings incorrectly reported 3,062 common stocks as being held indirectly by a Joint Spousal Trust when they were directly held by Peters.
- The amendment clarifies that Peters directly holds these 3,062 shares.
- Peters also reported selling 52 shares on March 18, 2025, at $38 per share and 6,700 shares on March 19, 2025, at a weighted average price of $37.40, with prices ranging from $37.40 to $37.41.
- Following these transactions, Peters beneficially owns 20,184 shares indirectly through the Joint Spousal Trust.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance practices. The sales of shares are neutral in sentiment as they do not indicate a strong positive or negative outlook.
Industry Context
Form 4 filings are standard disclosures for corporate insiders, providing transparency into their trading activities and ownership positions. Amendments, like this Form 4/A, are used to correct errors or provide additional information.
Stakeholder Impact
- The correction of the filing ensures accurate information is available to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of original award of 3,062 common stocks. |
| 03/18/2025 | Original Form 4 filing date; sale of 52 shares at $38. |
| 03/19/2025 | Sale of 6,700 shares at a weighted average price of $37.40. |
| 03/20/2025 | Date of original Form 4 filing that was amended. |
| 04/28/2025 | Date of amended Form 4/A filing. |
Keywords
Form 4/A, Summit Midstream Corp, Jerry L. Peters, Stock Transactions, Beneficial Ownership, Director, Amendment
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