Katz Jacob M 4

What Happened

• Jacob M. Katz, a director of SandRidge Energy Inc. (SD), was granted 9,804 restricted shares on June 10, 2026. The grant is reported at $15.30 per share, for a total value of $150,001. The transaction code is "A" (award/grant), meaning these shares were issued as compensation rather than bought on the open market.

Key Details

• Transaction date: June 10, 2026; Filing date: June 12, 2026 (Form 4 filed timely).
• Price/value: $15.30 per share; total reported value $150,001.
• Shares acquired: 9,804 restricted stock units/shares.
• Shares owned after transaction: Not specified in this filing.
• Footnote: The shares are restricted and will vest on the earlier of the first anniversary of the grant date or the day before the company's next annual meeting of stockholders.
• No indication of a 10b5-1 plan, sale, or tax-withholding disposition in this report.

Context

• This was an equity award (restricted stock) as part of compensation, not an open-market purchase or sale. Restricted shares typically vest over time (see footnote) and are not immediately liquid. Awards like this are routine for directors and reflect compensation, not an immediate signal to buy or sell stock.