Pranin Grayson R 4
4 · SANDRIDGE ENERGY INC · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
SandRidge Energy (SD) CEO Grayson Pranin Receives RSU Award
What Happened
Grayson R. Pranin, President, CEO and Director of SandRidge Energy, was granted 12,680 restricted stock units (RSUs) on March 9, 2026. The award was reported as a derivative grant (Form 4 code "A") at $0.00 per unit (i.e., a compensation award rather than a cash purchase). Each RSU represents a contingent right to receive one share of common stock upon vesting.
Key Details
- Transaction date: 2026-03-09; Grant reported on Form 4 filed 2026-03-11.
- Instrument: 12,680 Restricted Stock Units (derivative award) at $0.00 per unit.
- Vesting: RSUs vest in three equal installments (one-third each) on the first, second and third anniversaries of the grant date (per footnote).
- Shares owned after transaction: Not specified on this Form 4.
- Filing timeliness: Form filed March 11, 2026 (within the typical 2-business-day reporting window).
Context
RSU grants are a common form of executive compensation and are not an immediate purchase or sale; they convert to shares only as they vest. Taxes and withholding may apply when RSUs vest and are settled in stock or cash. Grants signal compensation alignment with shareholders but should not be interpreted alone as a buy/sell signal.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-03-09+12,680→ 12,680 total→ Common Stock (12,680 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock.
- [F2]The restricted stock units will vest in one-third increments on each of the first, second and third anniversaries of the grant date.