The filing is a routine intent-to-sell notice by a former affiliate with no material impact. Monitor for any subsequent Form 4 filings to confirm execution, but no trading action warranted.
Price Chart
Executive Summary
Sandridge Energy insider Randolph C. Read filed a Form 144 on June 24, 2026, indicating intent to sell 3,528 common shares worth approximately $48,687. The sale represents a very small fraction of the company's $507M market cap and is likely a routine portfolio transaction by a former affiliate.
Key Facts
- Insider Randolph C. Read (former affiliate) filed Form 144 to sell 3,528 shares of Sandridge Energy common stock.
- Estimated sale value is approximately $48,687 based on filing date.
- Shares were acquired via open market purchase on March 7, 2019.
- Sale is scheduled for June 24, 2026, on NYSE.
- The proposed sale represents less than 0.01% of Sandridge's $507M market cap.
Financial Impact
~$48,687 sale, immaterial relative to $507M market cap
Risk Factors
- Insider selling could signal lack of confidence if followed by larger sales from other insiders.
- No current insider buying activity to offset the sale.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-006449 |
| Document: 0001950047-26-006449-index.html | 0001950047-26-006449 |
| Document: 0001950047-26-006449.txt | 0001950047-26-006449 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 5, 2026 8w ago | 8-K | $13.44 $14.31 | ▲ +6.47% | ▲ +5.87% | $13.62 (+1.34%) |
Jun 30, 2026 13w ago | 144 | $13.39 $13.63 | ▲ +1.79% | ▲ +3.98% | $13.62 (+1.72%) |
Jun 29, 2026 13w ago | 144 | $13.70 $13.43 | ▼ −1.97% | ▼ −0.94% | $13.62 (−0.58%) |
Jun 26, 2026 14w ago | 144 | $13.80 $13.82 | ▲ +0.14% | ▲ +0.42% | $13.62 (−1.30%) |
Jun 25, 2026 14w ago | 144 | $13.51 $14.19 | ▲ +5.03% | ▲ +3.77% | $13.62 (+0.81%) |
Jun 24, 2026 14w ago | 144 | $13.57 $14.19 | ▲ +4.57% | ▲ +4.04% | $13.62 (+0.37%) |
May 6, 2026 21w ago | 8-K | $14.99 $15.36 | ▲ +2.47% | ▼ −0.67% | $13.62 (−9.14%) |
Apr 27, 2026 22w ago | DEFA14A | $15.51 $14.74 | ▼ −4.96% | ▼ −10.43% | $13.62 (−12.19%) |
Apr 21, 2026 23w ago | 8-K | $15.06 $15.87 | ▲ +5.38% | ▲ +2.21% | $13.62 (−9.56%) |
Mar 5, 2026 30w ago | 8-K | $17.15 $15.45 | ▼ −9.90% | ▼ −6.11% | $13.62 (−20.57%) |
US Market Status
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