Form 4: Summit Midstream Corp Director Jerry L. Peters Reports Changes in Beneficial Ownership
SEC Form 4
Director Jerry L. Peters of Summit Midstream Corp reports acquisition and disposal of common stock, indicating changes in his beneficial ownership.
Summary
- On March 14, 2025, Jerry L. Peters acquired 3,062 shares of Summit Midstream Corp common stock at $0.
- Following this transaction, he indirectly owned 33,301 shares through a Joint Spousal Trust.
- On March 17, 2025, Peters disposed of 3,303 shares at a price of $39.12 per share.
- After this disposal, he directly owned 29,998 shares indirectly through the Joint Spousal Trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be informative for investors.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company insider.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Acquisition of 3,062 shares of common stock. |
| 03/17/2025 | Disposal of 3,303 shares of common stock at $39.12. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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