Wouter T. van Kempen - 30 Jan 2026 Form 3 Insider Report for SM Energy Co (SM)

Role: Director
Signature: Andrew T. Fiske (Attorney-in-Fact)
Issuer symbol: SM
Transactions as of: 30 Jan 2026
Net transactions value: $0
Form type: 3
Filing time: 02 Feb 2026, 16:50:50 UTC
Previous filing: 07 Aug 2025
Next filing: 06 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
van Kempen Wouter T.	Director	1700 LINCOLN ST, SUITE 3200, DENVER	Andrew T. Fiske (Attorney-in-Fact)	02 Feb 2026	0001566241

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SM	Common Stock, $.01 Par Value						210,602	30 Jan 2026	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the Agreement and Plan of Merger by and among SM Energy Company ("SM Energy"), Cars Merger Sub, Inc. and Civitas Resources, Inc. ("Civitas") (a) each outstanding share of Civitas' common stock was converted into 1.45 shares of SM Energy common stock and (b) each outstanding Civitas restricted stock unit (RSU) award (including deferred stock unit (DSU) awards) was converted into an SM Energy RSU award equal to the product of the number of shares of Civitas common stock subject to such Civitas RSU Award and 1.45 rounded up to the nearest whole number. Under the terms of such awards and in connection with the director's termination of employment at the closing, his converted RSUs fully vested at closing. Amount shown includes vested DSUs that will settle in shares of SM Energy common stock upon the director's separation from the board as well as vested RSUs that will settle within 60 days of closing.

Content

Pursuant to the Agreement and Plan of Merger by and among SM Energy Company ("SM Energy"), Cars Merger Sub, Inc. and Civitas Resources, Inc. ("Civitas") (a) each outstanding share of Civitas' common stock was converted into 1.45 shares of SM Energy common stock and (b) each outstanding Civitas restricted stock unit (RSU) award (including deferred stock unit (DSU) awards) was converted into an SM Energy RSU award equal to the product of the number of shares of Civitas common stock subject to such Civitas RSU Award and 1.45 rounded up to the nearest whole number. Under the terms of such awards and in connection with the director's termination of employment at the closing, his converted RSUs fully vested at closing. Amount shown includes vested DSUs that will settle in shares of SM Energy common stock upon the director's separation from the board as well as vested RSUs that will settle within 60 days of closing.