Brandon Louis Brown Sr., Senior Vice President and Chief Accounting Officer of SandRidge Energy Inc, filed a statement of changes in beneficial ownership on September 3, 2026, reporting transactions dated September 1, 2026.

Key Highlights

  • RSU vesting: 1,000 restricted stock units converted into 1,000 shares of common stock at $0.00 on September 1, 2026.
  • Shares withheld for taxes: 244 shares were disposed of at $14.37 per share on September 1, 2026, coded as an F transaction.
  • Resulting ownership: Brown directly holds 28,402 shares of common stock following the reported transactions.
  • Remaining derivative position: 1,000 restricted stock units remain beneficially owned directly after the vesting event.
  • Vesting schedule: The RSU grant vests over four years in four equal increments, tied to specific dates and an annual report filing milestone.
  • Issuer and ticker: SandRidge Energy Inc, traded on NYSE:SD.

SandRidge Energy Officer Discloses RSU Conversion and Resulting Share Position

According to the filing, Brown held restricted stock units in SandRidge Energy Inc, an Oklahoma City-based energy company. On September 1, 2026, 1,000 restricted stock units were converted into 1,000 shares of common stock via a transaction coded "M," recorded at a price of $0.00. The filing notes that each restricted stock unit represents "a contingent right to receive one share of common stock."

Concurrent with the vesting, the filing reports a separate transaction coded "F," in which 244 shares were disposed of at $14.37 per share on the same date. This type of transaction typically reflects shares withheld to satisfy tax withholding obligations upon vesting, as reported in the filing. Following both transactions, Brown's direct beneficial ownership in SandRidge Energy common stock stood at 28,402 shares, according to the filing.

The filing also discloses the structure of the underlying RSU grant. The units vest over four years in four increments: 25% upon the timely filing of the company's annual report on Form 10-K for the year ended December 31, 2024; 25% on September 1, 2025; and 25% on September 1 for each one-year anniversary thereafter, according to the explanation of responses. After the September 1, 2026, vesting event, the filing indicates that 1,000 restricted stock units remain directly held by the reporting person. The form was signed by Gaye Wilkerson as power of attorney for Brandon Louis Brown Sr. and was filed on September 3, 2026.

What Was Disclosed

The filing reports the vesting of 1,000 restricted stock units into common stock and the simultaneous disposition of 244 shares at $14.37 each for SandRidge Energy's SVP and Chief Accounting Officer, leaving a direct holding of 28,402 common shares and 1,000 remaining restricted stock units.