The two transactions, summing to $46.9 million, meant that Ward let go of a chunk of his position, retaining about 13 million shares comprising a 2.7% stake, according to an SEC filing made Monday.
After founding SandRidge in 2006 the company board, led by activist shareholder TPG Axon, cast scrutiny on Ward for various governance issues including land deals with a company nominally controlled by his son.
Ward,
