Elizabeth Anne McDonald - Sep 9, 2025 Form 4 Insider Report for SM Energy Co (SM)

Signature
Andrew T. Fiske (Attorney-in-Fact)
Stock symbol
SM
Transactions as of
Sep 9, 2025
Transactions value $
-$113,250
Form type
4
Date filed
9/9/2025, 04:19 PM
Previous filing
Jul 25, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
McDonald Elizabeth Anne President & COO 1700 LINCOLN STREET, SUITE 3200, DENVER Andrew T. Fiske (Attorney-in-Fact) 2025-09-09 0001772102

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SM Common Stock, $.01 Par Value Options Exercise +9.69K 9.69K Sep 9, 2025 Direct F1
transaction SM Common Stock, $.01 Par Value Tax liability -$113K -4.24K -43.76% $26.71 5.45K Sep 9, 2025 Direct
* 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 vests in three equal annual installments on September 9, 2025, July 1, 2026 and July 1, 2027. 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.