PURSELL A WADE (EVP & CFO) exercised options at SM ENERGY CO
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 7/24/2026ACC: 0000893538-26-000114
+63.93K
Net shares
Net buyer
$193.2K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
71.33K acquired · 7.40K disposed
Non-Derivative Transactions2
Common Stock, $.01 Par Value
Direct
Shares
+16.92K
Price / share
—
Trade value
—
% of position
4.0%
7/24/2026
422.02K→438.93K
Common Stock, $.01 Par Value
Direct
Shares
−7.40K
Price / share
$26.10
Trade value
$193.22K
% of position
1.7%
7/24/2026
438.93K→431.53K
Total
Net shares
+9.51K
Net value
-$193.22K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 Par Value Direct | 7/24/2026 | M · Option Exercise | +16.92K | — | — | 4.0% | 422.02K | 438.93K |
| Common Stock, $.01 Par Value Direct | 7/24/2026 | F · Tax Withholding | −7.40K | $26.10 | $193.22K | 1.7% | 438.93K | 431.53K |
| Total | +9.51K | -$193.22K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock, $.01 Par Value
54.41K shares
Shares
+54.41K
Strike price
Held after
54.41K
Exercisable
—
7/24/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock, $.01 Par Value54.41K shares | 7/24/2026 | A · Award | +54.41K | — | 54.41K |