Brown Brandon Louis Sr. 4
Research Summary
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SandRidge Energy (SD) Brandon L. Brown Sr. Receives Award
What Happened
- Brandon Louis Brown Sr., Senior Vice President and Chief Accounting Officer of SandRidge Energy (SD), received a grant of 5,572 restricted stock units (RSUs) on 2026-03-09. The award price is $0 (derivative grant); RSUs represent contingent rights to receive shares if and when they vest.
Key Details
- Transaction date: 2026-03-09; filing date (Form 4): 2026-03-11 (timely).
- Grant type: Award/Acquisition (derivative RSUs), 5,572 units at $0.00.
- Shares owned after transaction: not disclosed in the filing.
- Footnotes: F1 — each RSU converts to one share upon vesting; F2 — vesting in three equal installments (1/3 on each of the first, second and third anniversaries of the grant).
- No 10b5-1 plan, sale, or tax-withholding event noted in this filing.
Context
- This was a compensation award (not an open-market purchase or sale). RSUs only convert into actual shares when they vest, so this grant does not represent an immediate market purchase or sale. Such awards are typically used for retention and compensation and should be interpreted as a routine executive grant rather than direct insider buying or selling.
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