Senior insider sale
CFO/CAO at SANDRIDGE ENERGY INC — senior position signals high conviction
$467.3K
28.60K shares
GAMOUDI SALAH plans to sell 28.60K shares of SANDRIDGE ENERGY INC valued at approximately $467.3K. Form 144 is a notice of intent to sell restricted or control securities — not a mandatory transaction. This filing provides advance warning of potential selling pressure.
Award of 200,000 Restricted Stock Units pursuant to the Issuer's 2016 Incentive Plan. Each Restricted Stock Unit represented a right to receive 1 share. The Restricted Stock Units vested in 1/3 increments on each of the 3 anniversaries of the grant date.
Award granted pursuant to compensation plan.
| Acquisition Date | Type | Amount Acquired | Gift |
|---|---|---|---|
8/11/2020 | Award of 200,000 Restricted Stock Units pursuant to the Issuer's 2016 Incentive Plan. Each Restricted Stock Unit represented a right to receive 1 share. The Restricted Stock Units vested in 1/3 increments on each of the 3 anniversaries of the grant date. Award granted pursuant to compensation plan. | 200K | — |
| Total | 200K | ||
Units to sell
28.60K
Market value
$467.3K
Units
28.60K
Value
$467.3K
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
8/15/2023 | 28.60K | $467.3K | NYSE | Planned |
| Total | 28.60K | $467.3K | ||