VOGEL HERBERT S (EVP - Operations) 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: 7/25/2025ACC: 0000893538-25-000106
Officer· EVP - Operations
Since Jul 2018
+100.64K
Net shares
Net buyer
$310.5K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
113.21K acquired · 12.57K disposed
Non-Derivative Transactions2
Common Stock, $.01 Par Value
Direct
Shares
+28.72K
Price / share
—
Trade value
—
% of position
5.5%
7/24/2025
519.92K→548.64K
Common Stock, $.01 Par Value
Direct
Shares
−12.57K
Price / share
$24.71
Trade value
$310.51K
% of position
2.3%
7/24/2025
548.64K→536.08K
Total
Net shares
+16.16K
Net value
-$310.51K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 Par Value Direct | 7/24/2025 | M · Option Exercise | +28.72K | — | — | 5.5% | 519.92K | 548.64K |
| Common Stock, $.01 Par Value Direct | 7/24/2025 | F · Tax Withholding | −12.57K | $24.71 | $310.51K | 2.3% | 548.64K | 536.08K |
| Total | +16.16K | -$310.51K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock, $.01 Par Value
84.48K shares
Shares
+84.48K
Strike price
Held after
84.48K
Exercisable
—
7/25/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock, $.01 Par Value84.48K shares | 7/25/2025 | A · Award | +84.48K | — | 84.48K |