July 1, 2026 · Form 4 insider transaction
McDonald Elizabeth Anne bought 9,690 shares of SM Energy Company, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 1 day after the transaction.
Each restricted stock unit represents a contingent right to receive one share of stock. The restricted stock unit grant vests in three equal 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.