Daniel E. Brown - 13 Apr 2024 Form 4 Insider Report for Chord Energy Corp (CHRD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
16 Apr 2024, 19:23:40 UTC
Prior SEC filing
22 Feb 2024
Next SEC filing
03 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Melissa K. Buce, as attorney-in-fact

Key filing fact

Daniel E. Brown filed Form 4 for Chord Energy Corp (CHRD) on 16 Apr 2024.

Key facts

  • This page summarizes Daniel E. Brown's Form 4 filing for Chord Energy Corp (CHRD).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 16 Apr 2024, 19:23.

Change

  • Previous filing in this sequence was filed on 22 Feb 2024.
  • Current net transaction value: -$11,258,302.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CHRD transaction

Common Stock

Tax liability

Transaction value
$1,013,068
Shares
-5,414
Change %
-1.7%
Price
$187.12
Shares after
315,084
Date
13 Apr 2024
Ownership
Direct
Footnotes
F1
CHRD transaction

Common Stock

Tax liability

Transaction value
$10,245,234
Shares
-55,287
Change %
-18%
Price
$185.31
Shares after
259,797
Date
15 Apr 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CHRD holding Derivative

Performance Share Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,233
Date
13 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
0
Exercise price
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

In connection with the vesting and settlement of restricted stock units through the issuance of Issuer's common stock, par value $0.01 per share ("Common Stock") pursuant to the Issuer's 2020 Long Term Incentive Plan, the Issuer withheld Common Stock that would otherwise have been issued to the Reporting Person to satisfy his tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common stock on April 12, 2024.

Footnote F2

In connection with the vesting and settlement of performance share units through the issuance of Issuer's common stock, par value $0.01 per share ("Common Stock") pursuant to the Issuer's 2020 Long Term Incentive Plan, the Issuer withheld Common Stock that would otherwise have been issued to the Reporting Person to satisfy his tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common stock on April 15, 2024.

Footnote F3

The number of target performance units has been updated to accurately reflect the number of target units the Reporting Person was actually granted on February 20, 2024. Due to a scrivener's error, it was originally reported incorrectly as 10,465 target performance units on Reporting Person's Form 4 dated February 22, 2024.

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