Form 4 for SM SM Energy Co
Accepted 2025-07-25 00:00:00 ET · period of report 2025-07-24 · accession 0000893538-25-000100 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-07-25 | 2025-07-24 | SM | PURSELL A WADE | EVP, CFO | F - Tax | $24.71 | -5,005 | 405.4K | -1% | -$123.7K |
| D | 2025-07-25 | 2025-07-24 | SM | PURSELL A WADE | EVP, CFO | M - OptEx | — | +11.4K | 410.4K | +3% | — |
| D | 2025-07-25 | 2025-07-25 | SM | PURSELL A WADE | EVP, CFO | A - Grant | $0.00 | +48.0K | 48.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $.01 Par Value | 2025-07-24 | F | D | 5,005 | $24.71 | 405,426 | D | — | — | |
| 2 | Common | Common Stock, $.01 Par Value | 2025-07-24 | M | A | 11,436 | — | 410,431 | D | — | — | (F1) On July 24, 2025, 11,436 shares the Issuer's common stock were issued to the Reporting Person under the terms of a performance share unit ("PSU") award, based on the determination by the Compensation Committee of the Board of Directors of the Issuer regarding achievement of time-based vesting provisions and specific performance criteria that were not tied solely to the market price of the Issuer's common stock. The PSUs were granted to the Reporting Person on July 1, 2022, and represented the contingent right to receive between 0% to 200% of that number of shares of the Issuer's common stock based on the achievement of the vesting and performance criteria over a three-year performance period. The PSUs were fully vested on July 1, 2025. |
| 3 | Derivative | Restricted Stock Units | 2025-07-25 | A | A | 48,003 | $0.00 | 48,003 | D | — · — to — | 48,003 Common Stock, $.01 Par Value | (F2) Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in six equal biannual installments beginning January 1, 2026. The vested shares will be issued to the Reporting Person on the earlier of such Reporting Person's retirement from the Issuer or July 1 of the applicable year, at which time all restrictions on the vested shares will lapse. |