{"schema_version":"secwatch.filing_event.v1","accession":"0000893538-26-000069","form_type":"8-K","ticker":"SM","cik":"0000893538","company_name":"SM Energy Co","filed_at":"2026-05-22T20:17:29+00:00","discovered_at":"2026-05-22T20:19:00.206948+00:00","generated_at":"2026-05-22T20:21:22.504053+00:00","sec_items":["5.02","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"confidence":"high","headline":"SM Energy boosts CEO & COO LTIP targets; CEO severance multiplier raised to 3.0x","bullets":["CEO McDonald LTIP target raised to $5.8M (40% RSU, 60% PSU); COO McKenna to $2.4M (50% each).","CEO change-of-control severance multiplier increased from 2.5x to 3.0x, effective Jan 30, 2026.","Amended severance agreement recognizes Jan 30, 2026 Civitas Merger as a Change of Control.","Annual meeting: all 11 incumbent directors elected; say-on-pay approved (95%); Deloitte ratified."],"urls":{"canonical":"https://secwatch.observer/filing/0000893538-26-000069","json":"https://secwatch.observer/filing/0000893538-26-000069.json","markdown":"https://secwatch.observer/filing/0000893538-26-000069.md","text":"https://secwatch.observer/filing/0000893538-26-000069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/893538/000089353826000069/0000893538-26-000069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/893538/000089353826000069/sm-20260521.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T20:21:22.504053+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}