J. Heath Deneke - Nov 25, 2024 Form 4 Insider Report for Summit Midstream Corp (SMC)

Role
Chairman, President and CEO
Signature
/s/ James D. Johnston, Attorney-in-Fact for J. Heath Deneke
Stock symbol
SMC
Transactions as of
Nov 25, 2024
Transactions value $
-$111,080
Form type
4
Date filed
11/27/2024, 04:53 PM
Previous filing
Nov 22, 2024
Next filing
Dec 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMC Common Stock Sale -$37.2K -1K -0.35% $37.16 281K Nov 25, 2024 Direct F1
transaction SMC Common Stock Sale -$37.1K -1K -0.36% $37.07 280K Nov 26, 2024 Direct F1
transaction SMC Common Stock Sale -$36.9K -1K -0.36% $36.85 279K Nov 27, 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.