SM Energy VP Controller Alan D. Bennett Receives 7,288 RSU Award

What Happened Alan D. Bennett, Vice President — Controller of SM Energy Co (SM), received a grant of 7,288 restricted stock units (RSUs) reported on 2026-07-24. The award is reported as a derivative acquisition at $0.00 (no cash paid at grant). These RSUs represent contingent rights to receive common shares if and when they vest.

Key Details

• Transaction date: 2026-07-24; reported on Form 4 (accession 0000893538-26-000111).
• Grant: 7,288 RSUs, reported price $0.00 (derivative award, code A).
• Shares owned after transaction: Not specified in the filing.
• Vesting note (footnote): Each RSU converts to one share; vests in three equal annual installments beginning July 1, 2027; vested shares will be issued on vesting dates and restrictions will lapse.
• Filing timeliness: Reported same day; no late filing indicated.

Context This is a compensation award (RSUs), not an open-market purchase or sale. RSU grants are common for employee retention and compensation and do not by themselves signal immediate buying or selling of company stock. The economic value will depend on SM Energy’s share price when RSUs vest and are issued.