SM Energy Co — Director's Dealing 2024

Mar 5, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SM Energy Co (SM)
CIK: 0000893538
Period of Report: 2024-03-01

Reporting Person: Lutey Mary Ellen (SVP - Expl., Development & EHS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-29	Common Stock, $.01 Par Value	J	285	$26.89	Acquired	116836	Direct
2023-12-29	Common Stock, $.01 Par Value	J	282	$26.89	Acquired	55978	Indirect
2024-03-01	Common Stock, $.01 Par Value	S	43506	$44.50	Disposed	12472	Indirect

Footnotes

F1: The Reporting Person purchased 285 shares of the Issuer's common stock on December 29, 2023, through the Issuer's Employee Stock Purchase Plan.

F2: The Reporting Person's spouse purchased 282 shares of the Issuer's common stock on December 29, 2023, through the Issuer's Employee Stock Purchase Plan.

F3: The Reporting Person's spouse is also employed by the Issuer and purchases the Issuers's common stock through the Issuer's Employee Stock Purchase Plan.

F4: The shares were sold in multiple transactions at prices ranging from $44.48 to $44.55, inclusive. The spouse of the Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.