---
schema_version: "secwatch.filing_event.v1"
accession: "0002024218-25-000049"
form_type: "8-K"
ticker: "SMC"
cik: "0002024218"
company_name: "Summit Midstream Corp"
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T02:25:13.886601+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Summit Midstream updates executive compensation; raises base pay for CEO and EVPs

## Summary
- CEO Deneke base salary $795,000; target bonus 120% of base (0-300% range); LTIP target 450% of base.
- EVPs Johnston and Mault base salary $450,000 each; target bonus 85% of base (0-200%); LTIP targets 233% and 240%.
- All changes effective March 28, 2025; officers consented and waived Good Reason claims.
- Annual meeting elected directors, ratified Deloitte & Touche for FY2025, and approved say-on-pay with ~86% support.

## SEC filing metadata
- accession: 0002024218-25-000049
- form_type: 8-K
- ticker: SMC
- cik: 0002024218
- company_name: Summit Midstream Corp
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2024218/000202421825000049/0002024218-25-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2024218/000202421825000049/smc-20250409.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002024218-25-000049
- JSON: https://secwatch.observer/filing/0002024218-25-000049.json
- Plain text: https://secwatch.observer/filing/0002024218-25-000049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.