Alan D. Bennett - 01 Jul 2025 Form 4 Insider Report for SM Energy Co (SM)

Role
Vice President - Controller
Signature
Andrew T. Fiske (Attorney-in-Fact)
Issuer symbol
SM
Transactions as of
01 Jul 2025
Net transactions value
-$16,506
Form type
4
Filing time
03 Jul 2025, 13:26:36 UTC
Previous filing
11 Mar 2025
Next filing
25 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Bennett Alan D Vice President - Controller 1700 LINCOLN STREET, SUITE 3200, DENVER Andrew T. Fiske (Attorney-in-Fact) 03 Jul 2025 0002059838

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SM Common Stock, $.01 Par Value Options Exercise +742 742 01 Jul 2025 Direct F1
transaction SM Common Stock, $.01 Par Value Tax liability $5,288 -214 -29% $24.71 528 01 Jul 2025 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +948 +180% 1,476 01 Jul 2025 Direct F2
transaction SM Common Stock, $.01 Par Value Tax liability $6,746 -273 -18% $24.71 1,203 01 Jul 2025 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +629 +52% 1,832 01 Jul 2025 Direct F3
transaction SM Common Stock, $.01 Par Value Tax liability $4,473 -181 -9.9% $24.71 1,651 01 Jul 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SM Restricted Stock Units Options Exercise -742 -100% 0 01 Jul 2025 Common Stock, $.01 Par Value 742 Direct F1
transaction SM Restricted Stock Units Options Exercise -948 -50% 948 01 Jul 2025 Common Stock, $.01 Par Value 948 Direct F2
transaction SM Restricted Stock Units Options Exercise -629 -33% 1,261 01 Jul 2025 Common Stock, $.01 Par Value 629 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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, 2023. The vested shares were issued to the Reporting Person on the vesting dates, at which time all restrictions on the vested shares lapsed.
F2 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 on July 1, 2024. 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.
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 on 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.