Form 4 for SMC Summit Midstream Corp
Accepted 2026-01-21 00:00:00 ET · period of report 2026-01-16 · accession 0002024218-26-000003 · 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 | 2026-01-21 | 2026-01-16 | SMC | Deneke J Heath | COB, Pres, CEO | F - Tax | $26.81 | -8,216 | 290.7K | -3% | -$220.3K |
| D | 2026-01-21 | 2026-01-16 | SMC | Deneke J Heath | COB, Pres, CEO | M - OptEx | — | +32.8K | 298.9K | +12% | — |
| D | 2026-01-21 | 2026-01-16 | SMC | Deneke J Heath | COB, Pres, CEO | M - OptEx | $0.00 | -32.8K | 283.6K | -10% | $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 | 2026-01-16 | F | D | 8,216 | $26.81 | 290,708 | D | — | — | (F2) Common stocks being withheld to pay tax liability. |
| 2 | Common | Common Stock | 2026-01-16 | M | A | 32,754 | — | 298,924 | D | — | — | (F1) Each corporation restricted stock unit is the economic equivalent of one common stock. |
| 3 | Derivative | Corporation Restricted Stock Units | 2026-01-16 | M | D | 32,754 | $0.00 | 283,556 | D | — · — to — | 32,754 Common Stock | (F5) This total includes corporation restricted stock units from other tranches with different vesting dates. (F1) Each corporation restricted stock unit is the economic equivalent of one common stock. (F3) One-third of the corporation restricted stock units subject to the original award agreement vested on January 16, 2026, with the remaining corporation restricted stock units subject to vesting on the third anniversary of the January 18, 2024 reference date, subject to continued employment. The Reporting Person received distribution equivalent rights ("DERs") for each corporation restricted stock unit, providing for payment on the vesting date of a lump sum of cash equal to the accrued distributions from and after the grant date of the corporation restricted stock units. (F4) The corporation restricted stock units and associated DERs do not expire. The corporation restricted stock units are settled upon vesting in common stocks (on a one-for-one basis) or in cash, at the discretion of the Issuer. |