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

Signature
/s/ Melissa K. Buce, as attorney-in-fact
Issuer symbol
CHRD
Transactions as of
13 Apr 2024
Net transactions value
-$11,258,302
Form type
4
Filing time
16 Apr 2024, 19:23:40 UTC
Previous filing
22 Feb 2024
Next filing
03 Jan 2025

Quoteable Key Fact

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

Quick Takeaways

  • 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.
  • Filing timestamp: 16 Apr 2024, 19:23.

What Changed

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

Why This Matters

  • 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.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRD Common Stock Tax liability $1,013,068 -5,414 -1.7% $187.12 315,084 13 Apr 2024 Direct F1
transaction CHRD Common Stock Tax liability $10,245,234 -55,287 -18% $185.31 259,797 15 Apr 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CHRD Performance Share Units 5,233 13 Apr 2024 Common Stock 0 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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.
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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