Chord Energy (NASDAQ: CHRD) insider to sell 656 shares after $1.97M sale
Rhea-AI Filing Summary
Chord Energy Corp (symbol CHRD) has a notice under Rule 144 for potential sales of its common stock by Daniel E. Brown. The notice lists a proposed sale of 656 shares of common stock associated with restricted stock vesting on 04/15/2024. It also notes that Daniel E. Brown sold 13,048 shares of common stock on 08/20/2026 for an aggregate amount of 1,974,572.55. The filing is submitted through Fidelity Brokerage Services LLC, with an authorized representative acting as attorney-in-fact for Daniel E. Brown.
Positive
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Negative
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Key Figures
Shares proposed for sale: 656 shares
Aggregate amount for proposed sale: 98475.86
Shares from prior sale: 13,048 shares
+3 more
6 metrics
Shares proposed for sale
656 shares
Common stock listed in the securities information section
Aggregate amount for proposed sale
98475.86
Figure listed alongside the 656 shares of common stock
Shares from prior sale
13,048 shares
Common stock sold on 08/20/2026 during the past 3 months
Aggregate amount for prior sale
1,974,572.55
Amount associated with the 13,048 shares sold on 08/20/2026
Restricted stock vesting date
04/15/2024
Date of restricted stock vesting for the 656 shares
Date in securities information
08/21/2026
Date associated with the 656-share entry in the securities information section
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 04/15/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Daniel E Brown"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing for CHRD disclose about Daniel E. Brown?
The filing states that Daniel E. Brown may sell 656 shares of Chord Energy Corp common stock under Rule 144, related to restricted stock vesting on 04/15/2024, and that he previously sold 13,048 shares on 08/20/2026.
What prior CHRD stock sales by Daniel E. Brown are reported in this Form 144?
The Form 144 reports that 13,048 shares of Chord Energy Corp common stock were sold by Daniel E. Brown on 08/20/2026 for an aggregate amount of 1,974,572.55 during the past three months.
AI-generated analysis. How Rhea-AI works. Not financial advice.