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Pursell A Wade's Form 4 filing

SM Energy Co (SM) · filed Jul 2, 2026

Accession no.
0000893538-26-000098
Filed
Jul 2, 2026, 4:15 PM ET
Trade date
Jun 30-Jul 1, 2026
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 7 non-derivative transactions and 3 derivative transactions. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Pursell A WadeCIK 0001041812Officer (EVP & CFO)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jun 30, 2026Common Stock, $.01 Par ValueJOtherAcquired+190$15.90+$3,021398,300Direct
Jul 1, 2026Common Stock, $.01 Par ValueMOption exerciseAcquired+11,855–F2–410,155Direct
Jul 1, 2026Common Stock, $.01 Par ValueFTax withholdingDisposed−3,705$26.10−$96,700.5406,450Direct
Jul 1, 2026Common Stock, $.01 Par ValueMOption exerciseAcquired+9,543–F3–415,993Direct
Jul 1, 2026Common Stock, $.01 Par ValueFTax withholdingDisposed−4,176$26.10−$108,993.6411,817Direct
Jul 1, 2026Common Stock, $.01 Par ValueMOption exerciseAcquired+16,000–F4–427,817Direct
Jul 1, 2026Common Stock, $.01 Par ValueFTax withholdingDisposed−5,800$26.10−$151,380422,017Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jul 1, 2026Common Stock, $.01 Par ValueMOption exerciseDisposed−11,855–F2–0Direct
Jul 1, 2026Common Stock, $.01 Par ValueMOption exerciseDisposed−9,543–F3–9,544Direct
Jul 1, 2026Common Stock, $.01 Par ValueMOption exerciseDisposed−16,000–F4–32,003Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vested in three equal annual installments beginning on July 1, 2024. The vested shares were issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares lapsed.

Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.

F3

Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in three equal annual installments beginning July 1, 2025. The vested shares will be issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares will lapse.

Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.

F4

Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in six equal biannual installments beginning January 1, 2026. The vested shares will be issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares will lapse.

Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)