J. Heath Deneke - Nov 20, 2024 Form 4 Insider Report for Summit Midstream Corp (SMC)

Signature
/s/ James D. Johnston, Attorney-in-Fact for J. Heath Deneke
Stock symbol
SMC
Transactions as of
Nov 20, 2024
Transactions value $
-$107,310
Form type
4
Date filed
11/22/2024, 06:01 PM
Previous filing
Nov 19, 2024
Next filing
Nov 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMC Common Stock Sale -$35.8K -1K -0.35% $35.82 284K Nov 20, 2024 Direct F1
transaction SMC Common Stock Sale -$35.8K -1K -0.35% $35.75 283K Nov 21, 2024 Direct F1
transaction SMC Common Stock Sale -$35.7K -1K -0.35% $35.74 282K Nov 22, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These Common Stocks were sold in compliance with a qualified selling plan adopted by the reporting person pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.