Connect Midstream, LLC bought SMC

March 31, 2026 · Form 4 insider transaction

Connect Midstream, LLC bought 1,220,918 shares of Summit Midstream Corporation at $31.08 per share, a transaction worth $37.95M. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 13 days after the transaction.

Direction
Acquired (buy-side)
Shares
1,220,918
Price
$31.08
Total value
$37.95M
Role
SecurityCommon Stock, par value $0.01 per share
Transaction codeP: Open-market purchase
Transaction dateMarch 31, 2026
Filing dateApril 13, 2026
Shares owned after1,367,397
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

The reported securities are held directly by Connect Midstream, LLC. Tailwater Energy Fund III LP is the sole member of Connect Midstream, LLC. TW GP EF-III LP is the general partner of Tailwater Energy Fund III LP. TW GP EF-III GP, LLC is the general partner of TW GP EF-III LP. Tailwater Capital LLC is the sole member of TW GP EF-III GP, LLC. Jason Downie and Edward Herring are each a Managing Partner of Tailwater Capital LLC. Each of the foregoing disclaim beneficial ownership of the reported securities directly held by Connect Midstream, LLC except to the extent of their respective pecuniary interest therein.

View the original Form 4 on SEC EDGAR