Fox Carrie M 4

What Happened

• Carrie M. Fox, a director of SM Energy Co (SM), was granted 9,024 shares of the company's common stock on June 22, 2026 as compensation for board service.
• The shares were granted at $0.00 (no cash paid) and are reported as an "A" (award/grant) transaction. The grant’s economic value is the market value of the shares but the filing shows $0 as the purchase price.

Key Details

• Transaction date: 2026-06-22; filing date: 2026-06-23 (timely filing).
• Shares granted: 9,024 restricted common shares; reported acquisition price: $0.00.
• Vesting/conditions: per footnote, the restricted shares vest in full on December 31, 2026.
• Shares owned after transaction: not specified in the provided filing details.
• Transaction type: Award/Grant (code A) — compensation, not an open-market purchase or sale.

Context

• Restricted stock awards are common director compensation and typically carry vesting and transfer restrictions until the vest date; they are not an immediate sale or cash transaction.
• Such grants align directors with shareholder interests over the vesting period but do not necessarily signal a near-term trading intent.