CLEARY JAMES J 4

What Happened

• James J. Cleary, a director of Summit Midstream Corp (SMC), was granted 3,733 shares on March 16, 2026. The Form 4 reports the acquisition as an award/grant (transaction code A) at $0.00 per share (reported acquisition cost $0).

Key Details

• Transaction date: 2026-03-16; shares: 3,733; price per share reported: $0.00 (award/grant, code A).
• Form 4 filed: 2026-03-18 — filed within the typical two-business-day Form 4 deadline (timely).
• Shares owned after transaction: not specified in the provided filing excerpt.
• No footnotes or special plan references were provided in the transaction information supplied.

Context

• Awards/grants to directors are commonly part of compensation (e.g., restricted stock or director equity grants) and do not necessarily reflect an open-market purchase decision. Such grants increase insider ownership but are different from purchases or sales that may signal trading intent.