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Summit Midstream Corp Director's Dealing 2026

Mar 18, 2026

33427_dirs_2026-03-17_041b7c68-4c2f-42bc-9d46-bda2661812c5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Summit Midstream Corp (SMC)
CIK: 0002024218
Period of Report: 2026-03-13

Reporting Person: Johnston James David (Executive VP, GC, CCO and Secy)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2026-03-13 Common Stock M 18977 Acquired 76664 Direct
2026-03-13 Common Stock F 7468 $30.29 Disposed 69196 Direct
2026-03-13 Common Stock M 4653 Acquired 73849 Direct
2026-03-13 Common Stock F 1831 $30.29 Disposed 72018 Direct
2026-03-13 Common Stock M 9793 Acquired 81811 Direct
2026-03-13 Common Stock F 3854 $30.29 Disposed 77957 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2026-03-13 Corporation Restricted Stock Units $ M 18977 Disposed Common Stock (18977) Direct
2026-03-13 Corporation Restricted Stock Units $ M 4653 Disposed Common Stock (4653) Direct
2026-03-13 Corporation Restricted Stock Units $ M 9793 Disposed Common Stock (9793) Direct
2026-03-16 Corporation Restricted Stock Units $ A 17544 Acquired Common Stock (17544) Direct
2026-03-16 Corporation Restricted Stock Units $ A 17544 Acquired Common Stock (17544) Direct

Footnotes

F1: Each corporation restricted stock unit is the economic equivalent of one common stock.

F2: Common stocks being withheld to pay tax liability.

F3: The corporation restricted stock units subject to the original award agreement vested on March 13, 2026. The Reporting Person received distribution equivalent rights ("DERs") for each corporation restricted stock unit, providing for payment on the vesting date of a lump sum of cash equal to the accrued distributions from and after the grant date of the corporation restricted stock units.

F4: The corporation restricted stock units and associated DERs do not expire. The corporation restricted stock units are settled upon vesting in common stocks (on a one-for-one basis) or in cash, at the discretion of the Issuer.

F5: One-third of the corporation restricted stock units (rounded down to the nearest whole number of units, except in the case of the final vesting date) vested on March 13, 2026, with the remaining corporation restricted stock units vesting on the second and third anniversaries of the March 14, 2025, reference date, subject to continued employment and accelerated vesting as provided in the applicable award agreement. The Reporting Person received DERs for each corporation restricted stock unit, providing for payment on the vesting date of a lump sum of cash equal to the accrued distributions from and after the grant date of the corporation restricted stock units.

F6: The final one-third of the corporation restricted stock units subject to the original award agreement vested on March 13, 2026. The Reporting Person received DERs for each corporation restricted stock unit, providing for payment on the vesting date of a lump sum of cash equal to the accrued distributions from and after the grant date of the corporation restricted stock units.

F7: One-third of the corporation restricted stock units (rounded down to the nearest whole number of units, except in the case of the final vesting date) shall vest on each of the first, second and third anniversaries of the March 16, 2026, reference date, subject to continued employment and accelerated vesting as provided in the applicable award agreement. The Reporting Person will receive DERs for each corporation restricted stock unit, providing for payment on the vesting date of a lump sum of cash equal to the accrued distributions from and after the grant date of the corporation restricted stock units.

F8: The corporation restricted stock units shall vest if and to the extent that the corporation restricted stock units are earned during the performance period from January 1, 2026 through December 31, 2028, which will depend on whether the performance criteria are achieved as determined by the committee as soon as reasonably practicable, but no later than sixty (60) days following December 31, 2028, the last day of the Performance Period. The vesting of the corporation restricted stock units is subject to continued employment and accelerated vesting as provided in the applicable award agreement. The Reporting Person will receive DERs for each corporation restricted stock unit, providing for payment on the vesting date of a lump sum of cash equal to the accrued distributions from and after the grant date of the corporation restricted stock units.

F9: This total includes corporation restricted stock units from other tranches with different vesting dates. On March 16, 2026, when the original award agreement vested, it was certified at an achievement level of 96.7% of the target number of corporation restricted stock units. The remaining 3.3% of the target corporation restricted stock units that were not earned based on the certified performance level were forfeited. The difference between the number of outstanding awards reflected in the Reporting Person's brokerage account and the number previously reported is attributable to this certification and the corresponding forfeiture of the unearned portion of the original award.