Form 4: Summit Midstream Executive Sells Shares
Insider Transaction (Form 4)
James David Johnston, Executive VP, GC, CCO and Secy of Summit Midstream Corp, sold 2,600 shares of common stock on October 1, 2026 for $30.51 per share.
Summary
- Open-market sale: disposed of 2,600 Common Stock at $30.51 ($79,326) on October 1, 2026; holds 72,757 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $79,326 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
James David Johnston — Officer (Executive VP, GC, CCO and Secy)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-01 | Open-market sale | Common Stock | 2,600 | $31 | $79.3K | 72,757 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-01 | Open-market sale (2,600 shares) |
Keywords
insider transaction, Form 4, SMC, Summit Midstream Corp, bearish, James David Johnston
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