Earnings Feed
Start Free
Summit Midstream Corp·4

Apr 21, 6:04 PM ET

PETERS JERRY L 4

Research Summary

AI-generated summary

Updated

Summit Midstream (SMC) Director Jerry L. Peters Gifts 3,733 Shares

What Happened
Jerry L. Peters, a director of Summit Midstream Corp (SMC), reported gift transactions on 2026-04-20 involving 3,733 shares. The Form 4 lists a disposition of 3,733 shares at $0.00 and a matching acquisition of 3,733 shares at $0.00 (transaction code G), showing a transfer recorded with no cash value.

Key Details

  • Transaction date: 2026-04-20 (reported on Form 4 filed 2026-04-21) — filing appears timely.
  • Transaction type/code: Gift (G). Price per share reported: $0.00. Total reported value: $0.00.
  • Shares involved: 3,733 shares disposed and 3,733 shares acquired (matching entries).
  • Shares owned after the transaction: not specified in the reported filing.
  • Footnote: F1 — The reporting person is trustee of the Joint Spousal Trust; the reporting person and spouse are the sole beneficiaries of that trust.

Context
Gifts and intra-family or trust transfers (zero-dollar transactions) are non-market transactions and generally do not signal a director’s buy/sell sentiment. The filing indicates this was a transfer to or within a trust structure where Mr. Peters is trustee and beneficiary, per the footnote.