Insider Purchase by Connect Midstream, LLC (10%)
Trade Summary
10 months ago, Connect Midstream, LLC, serving as 10% owner at Summit Midstream Corp (SMC), purchased 26,319 shares at $20.89 per share, for a total transaction value of $549,804.00. Following this transaction, Connect Midstream, LLC now holds 146,479 shares of SMC.
This purchase represents a 22.00% increase in Connect Midstream, LLC's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Thursday, August 28, 2025 and publicly disclosed via SEC Form 4 filing on Tuesday, September 2, 2025 at 6:33 PM ET, 5 days after the trade was made.
Summit Midstream Corp operates in the ENERGY sector, specifically within the OIL & GAS MIDSTREAM industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$20.89
Quantity
26,319
Total Value
$549,804.00
Shares Owned
146,479
Trade Date
313 days ago
SEC Filing Date
at 6:33 PM ET
Filed 5 days after trade
Discussion