SM ENERGY CO

Ticker: SM CUSIP: 78454L100 Class: EQTY

INCEPTIONR LLC's Holding History (CIK: 0001821561)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 14,935 Value ($000) $279 Avg Close $20.02 Range $17.39 - $25.89

Q2 2024

Shares 30,143 Value ($000) $1,303 Avg Close $46.69 Range $40.55 - $50.49

Q1 2024

Shares 20,306 Value ($000) $1,012 Avg Close $38.73 Range $32.79 - $47.33

Q2 2023

Shares 8,580 Value ($000) $271 Avg Close $26.41 Range $23.43 - $29.84

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	14,935	$279	$20.02	$17.39 - $25.89
Q2 2024	30,143	$1,303	$46.69	$40.55 - $50.49
Q1 2024	20,306	$1,012	$38.73	$32.79 - $47.33
Q2 2023	8,580	$271	$26.41	$23.43 - $29.84