{
  "id": 11587768,
  "title": "Summit Midstream executive VP Johnston sells $79,326 in stock",
  "url": "https://urgent.news/2026/10/03/summit-midstream-executive-vp-johnston-sells-79-326-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-03T03:01:09.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/summit-midstream-executive-vp-johnston-sells-79326-in-stock-93CH-4930730"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [
    "Summit Midstream VP Johnston sold 2,600 shares on Oct 1, 2026",
    "Transaction valued at $79,326 at $30.51 per share",
    "Johnston retains 72,757 SMC shares post-sale"
  ],
  "editors_take": "The sale of shares by Summit Midstream's executive VP suggests a possible change in his investment outlook, despite the company's stock being considered slightly undervalued by Pro Analysis.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}