A. WADE PURSELL - 01 Jul 2025 Form 4 Insider Report for SM Energy Co (SM)

Role
EVP & CFO
Signature
Andrew T. Fiske (Attorney-in-Fact)
Issuer symbol
SM
Transactions as of
01 Jul 2025
Transactions value $
-$299,103
Form type
4
Filing time
03 Jul 2025, 13:30:23 UTC
Previous filing
16 Jun 2025
Next filing
25 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
PURSELL A WADE EVP & CFO 1700 LINCOLN STREET, SUITE 3200, DENVER Andrew T. Fiske (Attorney-in-Fact) 03 Jul 2025 0001041812

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SM Common Stock, $.01 Par Value Other $2.9K +136 +0.04% $21.34 379K 30 Jun 2025 Direct F1
transaction SM Common Stock, $.01 Par Value Options Exercise +10.5K +2.77% 390K 01 Jul 2025 Direct F2
transaction SM Common Stock, $.01 Par Value Tax liability -$74.7K -3.02K -0.78% $24.71 387K 01 Jul 2025 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +11.9K +3.07% 399K 01 Jul 2025 Direct F3
transaction SM Common Stock, $.01 Par Value Tax liability -$124K -5.02K -1.26% $24.71 394K 01 Jul 2025 Direct
transaction SM Common Stock, $.01 Par Value Options Exercise +9.54K +2.42% 403K 01 Jul 2025 Direct F4
transaction SM Common Stock, $.01 Par Value Tax liability -$103K -4.18K -1.04% $24.71 399K 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 -10.5K -100% 0 01 Jul 2025 Common Stock, $.01 Par Value 10.5K Direct F2
transaction SM Restricted Stock Units Options Exercise -11.9K -50% 11.9K 01 Jul 2025 Common Stock, $.01 Par Value 11.9K Direct F3
transaction SM Restricted Stock Units Options Exercise -9.54K -33.33% 19.1K 01 Jul 2025 Common Stock, $.01 Par Value 9.54K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person purchased 136 shares of the Issuer's common stock on June 30, 2025, through the Issuer's Employee Stock Purchase Plan.
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 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.
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, 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.
F4 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.