The filing signals intent to sell, not a completed transaction. Monitor for a subsequent Form 4 to confirm execution. Given the small size and former-affiliate status, no material impact on the stock is expected. Watch for any additional insider selling patterns.
Price Chart
Executive Summary
Former affiliate Randolph C. Read filed a Form 144 notice of intent to sell 20,000 shares of Sandridge Energy common stock, valued at approximately $273,000. The shares were acquired in 2019 through open market purchases and compensation. The sale represents a small fraction of the company's $507M market cap and is likely a routine portfolio liquidation by a former insider.
Key Facts
- Randolph C. Read, a former affiliate, filed Form 144 to sell 20,000 shares of SD common stock.
- Estimated sale value is $272,906.89 based on the filing date of June 25, 2026.
- Shares were acquired in March and May 2019 via open market purchases and compensation.
- The sale is to be executed through Morgan Stanley Smith Barney LLC.
Financial Impact
Approximately $273,000, representing ~0.05% of Sandridge's $507M market cap.
Risk Factors
- Insider may sell additional shares in the future, but no current indication.
- Form 144 is only an intent to sell; the sale may not occur.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-006488 |
| Document: 0001950047-26-006488-index.html | 0001950047-26-006488 |
| Document: 0001950047-26-006488.txt | 0001950047-26-006488 |
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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