SMC - Summit Midstream Corp

Insider Purchase by Connect Midstream, LLC (10%)

1 Month
After Trade
Before Trade

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Trade Summary

2 weeks ago, Connect Midstream, LLC, serving as 10% owner at Summit Midstream Corp (SMC), purchased 1,220,918 shares at $31.08 per share, for a total transaction value of $37,946,131.00. Following this transaction, Connect Midstream, LLC now holds 1,367,397 shares of SMC.

This purchase represents a 834.00% 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 Tuesday, March 31, 2026 and publicly disclosed via SEC Form 4 filing on Monday, April 13, 2026, 13 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.

Connect Midstream, LLC

10%

Connect Midstream, LLC is a private midstream energy company headquartered in Oklahoma City, Oklahoma, specializing in a full suite of services including natural gas gathering, processing, treating, compression, crude oil gathering, storage, transportation, condensate stabilization, produced water gathering, and commodity marketing, primarily serving customers in the Mid-Continent and across North America.[[1]](https://tailwatercapital.com/connect-midstream-secures-150-million-equity-commitment-tailwater-capital/)[[2]](https://leadiq.com/c/connect-midstream/5a1d88c52400002400625dff) Founded with a focus on innovation and operational excellence, the company secured a $150 million equity commitment from Tailwater Capital in 2017, leveraging the expertise of its veteran management team with experience from major firms like Kinder Morgan, Copano Energy, Enable Midstream Partners, and SemGroup, having collectively managed over $4 billion in midstream projects.[[1]](https://tailwatercapital.com/connect-midstream-secures-150-million-equity-commitment-tailwater-capital/) Led by President and CEO Brandon J. Webster, COO Chad B. Cagle, and CFO Zach N. Gray, Connect Midstream emphasizes producer-focused solutions and rapid response to infrastructure needs in key basins such as SCOOP, STACK, Permian, Rockies, Bakken, and Haynesville.[[1]](https://tailwatercapital.com/connect-midstream-secures-150-million-equity-commitment-tailwater-capital/)[[2]](https://leadiq.com/c/connect-midstream/5a1d88c52400002400625dff) As a corporate insider, it serves as a 10% owner of Summit Midstream Corp (SMC), with its principal business being to hold reported securities, and is affiliated with Tailwater Energy.[[3]](https://www.sec.gov/Archives/edgar/data/2024218/000121390024105108/ea0222938-13dconnect_summit.htm)[[4]](https://www.gurufocus.com/insider/274226/connect-midstream,-llc)

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Trade Price

$31.08

Quantity

1,220,918

Total Value

$37,946,131.00

Shares Owned

1,367,397

Trade Date

Tuesday, March 31, 2026

14 days ago

SEC Filing Date

Monday, April 13, 2026

Filed 13 days after trade

ENERGYOIL & GAS MIDSTREAM

About Summit Midstream Corp

Company Overview

No company information available
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