secwatch.observer — SEC 8-K summary
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Issuer:     SM Energy Co (SM)
CIK:        0000893538
Form:       8-K
Filed at:   2024-09-09T23:59:59+00:00
Accession:  0000893538-24-000123
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SM Energy appoints Beth McDonald as EVP and COO effective Sept 9, 2024
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- Base salary $560,000; short-term incentive target 100% of base; long-term incentive target $2.3M (50% RSUs, 50% PSUs).
- Sign-on bonus of $1,750,000, paid 50% at start and 50% at one-year anniversary.
- McDonald previously Executive VP – Strategic Planning, Field Development and Marketing at Pioneer Natural Resources.
- CEO Herb Vogel cites her 20 years of Permian and Eagle Ford experience; she will also oversee new Utah assets.
- Entered into a Change of Control Executive Severance Agreement with terms consistent with prior filings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/893538/000089353824000123/0000893538-24-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/893538/000089353824000123/sm-20240909.htm
  HTML page:      https://secwatch.observer/filing/0000893538-24-000123

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer