ICAHN BRETT 4

What Happened Brett Icahn, a director of SandRidge Energy Inc. (SD), was granted 9,804 restricted shares on June 10, 2026 at a reported per-share value of $15.30, for a total value of $150,001. This transaction is an award/grant of restricted stock (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-10; per-share value: $15.30; total value: $150,001.
• Transaction type: Award/Grant of restricted stock (SEC Form 4 code A).
• Vesting: Shares vest on the earlier of the first anniversary of the grant or the day before the company's next annual meeting of stockholders (per footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing: Reported on Form 4 filed 2026-06-12 (appears timely under the two-business-day reporting requirement).

Context Restricted stock grants are typically compensation-related awards and become transferable only as they vest; they do not indicate an immediate open-market purchase or sale. Because vesting is time- or event-based, the economic ownership and ability to sell these shares are limited until vesting occurs.