The insider sale is small and from a former affiliate, not current management. Monitor for any acceleration of insider selling or changes in executive leadership, but no immediate trading action is warranted.
Price Chart
Executive Summary
Former affiliate Randolph C Read filed a Form 144 notice to sell 5,296 shares of Sandridge Energy common stock, valued at approximately $72,468.88. This follows two recent sales totaling 23,528 shares on June 24-25, 2026. The proposed sale is small relative to the company's $494M market cap and appears routine.
Key Facts
- Insider Randolph C Read (former affiliate) filed Form 144 to sell 5,296 shares of SD common stock.
- Estimated market value of proposed sale: $72,468.88 as of June 26, 2026.
- Read already sold 20,000 shares on June 25, 2026 ($272,906.89) and 3,528 shares on June 24, 2026 ($48,686.75).
- Shares were acquired through compensation in 2019 and 2020.
- Total recent sales (proposed + completed) represent ~0.08% of market cap.
Financial Impact
Proposed sale of $72,468.88; combined recent sales of ~$394,000 are immaterial relative to $494M market cap.
Risk Factors
- Potential further insider selling if the insider continues to reduce holdings.
- Low analyst conviction (0% bullish) and negative historical calibration for high-impact scores on this filing type.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-006551 |
| Document: 0001950047-26-006551-index.html | 0001950047-26-006551 |
| Document: 0001950047-26-006551.txt | 0001950047-26-006551 |
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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