JONATHAN FRATES - 12 Mar 2025 Form 4 Insider Report for SANDRIDGE ENERGY INC (SD)

Role
EVP, Chief Financial Officer
Signature
/s/ Gaye Wilkerson, as attorney in fact for Jonathan Frates
Issuer symbol
SD
Transactions as of
12 Mar 2025
Net transactions value
-$203,394
Form type
4
Filing time
17 Mar 2025, 20:21:15 UTC
Previous filing
10 Mar 2025
Next filing
11 Mar 2026
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SD Common Stock Tax liability $203,394 -17,936 -28% $11.34 47,202 14 Mar 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SD Restricted Stock Unit Options Exercise $0 +12,237 $0.000000 12,237 12 Mar 2025 Common Stock 12,237 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares of Common Stock required to be sold by the Reporting Person to cover tax withholding obligations on prior award agreements.
F2 The transaction was executed in multiple trades at prices ranging from $11.30 to $11.4348; the price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which were effected upon request to the SEC staff.
F3 Each restricted stock unit represents a contingent right to receive one share of common stock.
F4 The restricted stock units will vest in one-third increments on each of the first, second and third anniversaries of the grant date.