Summit Midstream executive VP Johnston sells $79,326 in stock

James David Johnston, Executive VP at Summit Midstream Corp (SMC), sold 2,600 shares of the company's common stock on October 1, 2026. The transaction was valued at $79,326, with shares exchanged at an average price of $30.51 each. The news follows SMC's impressive 40% return over the past year, with the stock trading at $30.84 and a market capitalization of $422 million.

According to an SEC Form 4 filing, Johnston executed multiple transactions to sell shares at prices ranging from $29.85 to $30.75. This sale, carried out in compliance with a Rule 10b5-1 trading plan, left Johnston with 72,757 shares of SMC common stock. Pro Analysis indicates the stock is slightly undervalued and is featured on the Most Undervalued watchlist.

For further analysis, investors can explore Summit Midstream Corp.'s comprehensive Pro Research Report as part of the platform's extensive offering of 1,400+ US equity reports.