Former SandRidge Energy (SD) CEO Tom Ward sold nearly 10M shares in the company after he was...

|About: SandRidge Energy, Inc. (SD)|By:, SA News Editor

Former SandRidge Energy (SD) CEO Tom Ward sold nearly 10M shares in the company after he was fired last month, bringing in ~$47M in proceeds. The sales cut Ward's position in SD, which he founded, by more than 40% to 2.7% of its outstanding shares. Upon his firing, Ward received a severance package worth more than $90M in cash and stock.