Senior insider sale
SVP, Chief Operating Officer at SANDRIDGE ENERGY INC — senior position signals high conviction
$135.8K
8.80K shares
PRANIN GRAYSON R plans to sell 8.80K shares of SANDRIDGE ENERGY INC valued at approximately $135.8K. 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 100,000 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 |
|---|---|---|---|
8/27/2021 | Award of 100,000 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. | 100K | — |
| Total | 100K | ||
Units to sell
8.80K
Market value
$135.8K
Units
8.80K
Value
$135.8K
| Date | Units to Sell | Approx. Market Value | Exchange | Status |
|---|---|---|---|---|
8/28/2023 | 8.80K | $135.8K | NYSE | Planned |
| Total | 8.80K | $135.8K | ||