Clark Morris R 4
4 · SM Energy Co · Filed Jun 23, 2026
Research Summary
AI-generated summary of this filing
SM Energy (SM) Director Clark Morris Receives Restricted Stock Award
What Happened
Clark Morris, a director of SM Energy Co (ticker: SM), received an award of 6,166 shares of the company's common stock on June 22, 2026. The shares were granted as compensation (transaction code A) at a reported acquisition price of $0.00, so the immediate cash cost to Mr. Morris was $0. The restricted shares will vest in full on December 31, 2026.
Key Details
- Transaction date: 2026-06-22; Form 4 filed 2026-06-23 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares granted: 6,166; acquisition price reported: $0.00; reported value at grant: $0.
- Vesting: Shares vest in full on 2026-12-31 (per footnote).
- Shares owned after transaction: Not specified in the filing.
- No 10b5-1 plan, tax-withholding, or sale details disclosed in this filing.
Context
This was a compensation grant of restricted stock to a board member, a common non-cash form of director pay. Such awards are not purchases or sales and do not by themselves indicate the director is buying or selling shares for market reasons; they generally align director pay with shareholder interests.
Insider Transaction Report
- Award
Common Stock, $.01 Par Value
[F1]2026-06-22+6,166→ 68,978 total
Footnotes (1)
- [F1]On June 22, 2026, the Reporting Person was granted 6,166 shares of the Issuer's common stock for compensation as a board member. These shares of restricted stock will vest in full on December 31, 2026.