Wojahn Jeff E 4

What Happened
Jeff E. Wojahn, a director of Civitas Resources, reported a disposition of 48,847 shares on 2026-01-30. The shares were disposed to the issuer in connection with the agreed merger by which Civitas was combined into SM Energy; each Civitas share converted into the right to receive 1.45 SM Energy shares. Using SM Energy’s closing price of $18.87 on 2026-01-29, the conversion implies an approximate value of $1.34 million for the converted/relieved Civitas shares. This was a corporate-action disposition (merger conversion), not an open-market sale.

Key Details

• Transaction date: 2026-01-30; Filing date: 2026-01-30 (timely).
• Transaction code: D (Disposition to the issuer). Reported price: N/A (conversion in merger).
• Shares involved: 48,847 Civitas shares disposed.
• Approximate value: ~ $1.34 million (48,847 × 1.45 × $18.87), using SM Energy close on 2026-01-29.
• Shares owned after transaction: Form shows these Civitas shares were disposed/converted as part of the merger (Civitas common stock was converted into SM Energy consideration).
• Notable footnotes: F1—Merger agreement: Merger Sub merged into Civitas and then Civitas merged into SM Energy; each Civitas share converted into right to receive 1.45 SM Energy shares. F2—Outstanding Civitas deferred stock units vested, were assumed by SM Energy, and converted to SM Energy DSUs (rounded up per terms).
• Filing timing: Report appears timely (transaction and report both dated 2026-01-30).

Context: This disposition reflects the corporate merger and conversion of Civitas equity into SM Energy consideration and assumed awards. It is not an insider open-market sale and does not necessarily signal personal trading intent.