secwatch / observer

Summit Midstream Corp — fact timeline

Source-grounded facts extracted from Summit Midstream Corp's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

SMC Summit Midstream Corp JSON
Shareholder Votes

Summit Midstream Corp shareholders approved Approval of Amendment No. 1 to the Summit Midstream Corporation 2024 Long-Term Incentive Plan at the 2026-05-07 meeting.

“Proposal 5 - Approval of Amendment No. 1 to the Summit Midstream Corporation 2024 Long-Term Incentive Plan For Withheld Abstentions Broker Non-Votes 11,993,900 2,163,605 1,375 2,984,955”
Shareholder Votes

Summit Midstream Corp shareholders approved Approval of the Advisory Resolution on Executive Compensation at the 2026-05-07 meeting.

“Proposal 4 - Approval of the Advisory Resolution on Executive Compensation For Withheld Abstentions Broker Non-Votes 11,996,010 2,156,973 5,897 2,984,955”
Shareholder Votes

Summit Midstream Corp shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-05-07 meeting.

“Proposal 3 - Ratification of Appointment of Independent Registered Public Accounting Firm For Withheld Abstentions Broker Non-Votes 17,084,327 55,629 3,879 0”
Shareholder Votes

Summit Midstream Corp shareholders approved Election of One Class II Director at the 2026-05-07 meeting.

“Proposal 2 - Election of One Class II Director For Withheld Abstentions Broker Non-Votes James E. Herring, Jr. 6,524,467 0 0 0”
Shareholder Votes

Summit Midstream Corp shareholders approved Election of Three Class II Directors at the 2026-05-07 meeting.

“Proposal 1 - Election of Three Class II Directors For Withheld Abstentions Broker Non-Votes J. Heath Deneke 13,848,937 3,943 0 2,984,955 Robert J. McNally 13,945,215 213,665 0 2,984,955 Carolyn J. Stone 14,129,785 29,095 0 2,984,955”
Earnings Releases

Summit Midstream Corp updated its the three months ended March 31, 2026 guidance (reaffirmed).

“On May 11, 2026 , Summit Midstream Corporation (NYSE: SMC), a Delaware corporation issued a press release announcing its results of operations for the three months ended March 31, 2026.”
Equity Issuances

Summit Midstream Corp issued 1,351,351 shares of common stock to affiliate of Tailwater Capital LLC for $42 million ($31.08 per share).

“Summit Midstream Corporation (NYSE: SMC) ("Summit", "SMC" or the "Company") announced today that it and its subsidiary, Summit Midstream Partners, LP (the "Partnership"), have entered into a securities purchase agreement with an affiliate of Tailwater Capital LLC ("Tailwater"), for a private placement of 1,351,351 shares of the Company's common stock, at a price of $31.08 per share.”
Material Agreements

Summit Midstream Corp entered into Securities Purchase Agreement with Tall Oak Midstream Holdings, LLC valued at $42,000,000 (effective 2026-03-31).

“On March 31, 2026, Summit Midstream Corporation, a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”), by and among the Company, Summit Midstream Partners, LP, a Delaware limited partnership (the “Partnership”), and Tall Oak Midstream Holdings, LLC, a Delaware limited liability company (the “Tall Oak Midstream Holdings”), and solely for purposes of modifying certain existing registration rights as detailed in the Purchase Agreement, Connect Midstream, LLC, a Delaware limited liability company (“Connect Midstream”), pursuant to which the Company agreed to issue and sell to Tall Oak Midstream Holdings (or its designated members) 1,351,351 shares (the “Shares”) of common stock of the Company (“Common Stock”) in exchange for $42,000,000 in cash.”
Earnings Releases

Summit Midstream Corp reported fourth quarter and full-year 2025 results: net income Fourth quarter net loss of $7.3 million. Guidance reaffirmed.

“Summit Midstream Corporation Reports Fourth Quarter and Full-Year 2025 Financial and Operating Results, Permian and Rockies Segment Growth Update and Provides Full-Year 2026 Guidance”
M&A Transactions

Summit Midstream Corp completed an acquisition involving Fundare Resources Company HoldCo, LLC for $90,000,000 (closed 2025-03-10).

“equity interests of Moonrise Midstream, LLC, a Delaware limited liability company (the “Acquired Company”), from the Seller, in exchange for aggregate consideration equal to $90,000,000, which consideration consisted of (i) $70,000,000 in cash consideration, subject to certain customary purchase price adjustments set forth in the Purchase Agreement, and (ii)”
M&A Transactions

Summit Midstream Corp completed an acquisition involving Tall Oak Midstream Holdings, LLC for $425,000,000, which consisted of (x) $155,000,000 in cash consideration, and (y) 7,471,008 shares of Class B common stock ... and 7,471,008 common units ... and (closed 2024-12-02).

“On the Closing Date, pursuant to the terms of the Business Contribution Agreement, Tall Oak contributed all of its equity interests in Tall Oak Midstream Operating, LLC (“Tall Oak Opco”), to the Partnership, in exchange for aggregate consideration in an amount equal to (i) $425,000,000”
M&A Transactions

Summit Midstream Corp underwent a change of control (closed 2024-08-01).

“On August 1, 2024, Summit Midstream Corporation, a Delaware corporation (the “Company”), completed the previously announced transactions contemplated by the Agreement and Plan of Merger (the “Merger Agreement”), by and among the Company, Summit SMC NewCo, LLC (“Merger Sub”), a wholly-owned subsidiary of the Company, Summit Midstream Partners, LP (the “Partnership”) and Summit Midstream GP, LLC, the general partner of the Partnership (the “General Partner”), pursuant to which Merger Sub merged with and into the Partnership, with the Partnership continuing as the surviving entity and a wholly-owned subsidiary of the Company (the “Corporate Reorganization”).”

Jerry L. Peters was appointed as Class I Director at Summit Midstream Corp.

“the Board of Directors of the Company (the “Board”) appointed Lee Jacobe and Jerry L. Peters as Class I directors”

Lee Jacobe was appointed as Class I Director at Summit Midstream Corp.

“the Board of Directors of the Company (the “Board”) appointed Lee Jacobe and Jerry L. Peters as Class I directors”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.