Dunlap Nancy Martori 4
Research Summary
AI-generated summary
SandRidge Energy (SD) Director Nancy Martori Receives Restricted Stock Award
What Happened
- Nancy Martori, a director of SandRidge Energy, was granted 9,804 restricted shares on June 10, 2026. The grant was reported at $15.30 per share for a total reported value of $150,001. This filing is an award/grant (Form 4 code A), not an open‑market purchase or sale.
Key Details
- Transaction date: June 10, 2026; Filing date (accession): June 12, 2026 — appears timely (Form 4 filed two days after the grant).
- Grant terms: 9,804 shares at $15.30 per share; total value $150,001.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: The restricted shares vest on the earlier of (a) the first anniversary of the grant date or (b) the day immediately preceding the company’s next annual meeting of stockholders.
- Transaction code: A = Award/Grant of restricted stock.
Context
- Restricted stock awards are a form of compensation for directors and typically vest over time per the stated schedule; they are not the same as a market purchase and don’t necessarily signal an independent investment judgment.
- This grant increases the director’s equity stake only as the restricted shares vest and become owned outright.