KNOTT KENNETH J. (SVP-Bus Dv & Land & Asst Sec) exercised options at SM ENERGY CO

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

KNOTT KENNETH J.

Filed: 7/3/2025ACC: 0000893538-25-000086

InsiderKNOTT KENNETH J.CIK 1442846

→

IssuerSM ENERGY COCIK 893538

Officer· SVP-Bus Dv & Land & Asst Sec

Since Jul 2018

-1.65K

Net shares

Net seller

$61.3K

Total sold

Open market trades

0B · 0S

Total transactions

11.02K acquired · 12.67K disposed

Non-Derivative Transactions8

Common Stock, $.01 Par Value

Direct

J · J

+256.00

Price / share

$32.70

Trade value

$8.37K

% of position

0.2%

12/31/2024

123.09K→123.34K

Common Stock, $.01 Par Value

Direct

J · J

+575.00

Price / share

$21.34

Trade value

$12.27K

% of position

0.5%

6/30/2025

123.34K→123.92K

Common Stock, $.01 Par Value

Direct

M · Option Exercise

+3.18K

Price / share

—

Trade value

—

% of position

2.6%

7/1/2025

123.92K→127.10K

Common Stock, $.01 Par Value

Direct

F · Tax Withholding

−775.00

Price / share

$24.71

Trade value

$19.15K

% of position

0.6%

7/1/2025

127.10K→126.32K

Common Stock, $.01 Par Value

Direct

M · Option Exercise

+3.95K

Price / share

—

Trade value

—

% of position

3.1%

7/1/2025

126.32K→130.27K

Common Stock, $.01 Par Value

Direct

F · Tax Withholding

−963.00

Price / share

$24.71

Trade value

$23.80K

% of position

0.7%

7/1/2025

130.27K→129.31K

Common Stock, $.01 Par Value

Direct

M · Option Exercise

+3.05K

Price / share

—

Trade value

—

% of position

2.4%

7/1/2025

129.31K→132.36K

Common Stock, $.01 Par Value

Direct

F · Tax Withholding

−744.00

Price / share

$24.71

Trade value

$18.38K

% of position

0.6%

7/1/2025

132.36K→131.62K

Total

Net shares

+8.53K

Net value

-$40.69K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $.01 Par Value Direct	12/31/2024	J · J	+256.00	$32.70	$8.37K	0.2%	123.09K	123.34K
Common Stock, $.01 Par Value Direct	6/30/2025	J · J	+575.00	$21.34	$12.27K	0.5%	123.34K	123.92K
Common Stock, $.01 Par Value Direct	7/1/2025	M · Option Exercise	+3.18K	—	—	2.6%	123.92K	127.10K
Common Stock, $.01 Par Value Direct	7/1/2025	F · Tax Withholding	−775.00	$24.71	$19.15K	0.6%	127.10K	126.32K
Common Stock, $.01 Par Value Direct	7/1/2025	M · Option Exercise	+3.95K	—	—	3.1%	126.32K	130.27K
Common Stock, $.01 Par Value Direct	7/1/2025	F · Tax Withholding	−963.00	$24.71	$23.80K	0.7%	130.27K	129.31K
Common Stock, $.01 Par Value Direct	7/1/2025	M · Option Exercise	+3.05K	—	—	2.4%	129.31K	132.36K
Common Stock, $.01 Par Value Direct	7/1/2025	F · Tax Withholding	−744.00	$24.71	$18.38K	0.6%	132.36K	131.62K
Total			+8.53K		-$40.69K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, $.01 Par Value

3.18K shares

−3.18K

Strike price

Held after

0.00

Exercisable

—

7/1/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, $.01 Par Value

3.95K shares

−3.95K

Strike price

Held after

3.95K

Exercisable

—

7/1/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, $.01 Par Value

3.05K shares

−3.05K

Strike price

Held after

6.11K

Exercisable

—

7/1/2025

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock, $.01 Par Value3.18K shares	7/1/2025	M · Option Exercise	−3.18K	—	0.00
Restricted Stock Units Direct	Common Stock, $.01 Par Value3.95K shares	7/1/2025	M · Option Exercise	−3.95K	—	3.95K
Restricted Stock Units Direct	Common Stock, $.01 Par Value3.05K shares	7/1/2025	M · Option Exercise	−3.05K	—	6.11K