Summit Midstream Corp·4

Mar 18, 5:40 PM ET

Stone Carolyn J 4

Research Summary

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Summit Midstream (SMC) Director Carolyn Stone Receives 3,733-Share Award

What Happened Carolyn Stone, a director of Summit Midstream Corp (SMC), was granted 3,733 shares on 2026-03-16. The grant is reported as an acquisition (transaction code A) at a reported price of $0.00, meaning no cash was paid by the insider for these shares. The filing lists the transaction date and grant amount; no dollar value was recorded on the Form 4.

Key Details

  • Transaction date: 2026-03-16; Filing date: 2026-03-18 (Form 4 filed within the normal 2-business-day window).
  • Transaction type: Award/Grant (code A); shares granted: 3,733; reported price: $0.00.
  • Shares owned after the transaction: not specified in the summary data provided in this request.
  • Footnotes/plan info: none disclosed here (no 10b5-1, tax-withholding, or vesting details provided in the supplied transaction summary).

Context

  • Awards to directors are commonly part of board compensation and are often subject to vesting or other restrictions; a grant itself is not the same signal as an open-market purchase or sale.
  • Because the grant was issued at $0.00, this reflects compensation/award treatment rather than a buy or sale of stock. There is no indication here that shares were immediately sold or that this represents a cash investment by the insider.