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Chord Energy (CHRD) holder targets 2026 sale of $1.97M in stock

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Chord Energy Corp (CHRD) received a Rule 144 notice indicating that Daniel E. Brown plans to sell up to 13,048 shares of Chord Energy common stock through Fidelity Brokerage Services LLC. The filing cites an aggregate market value of about $1,974,572.55 and an intended sale date on or after August 20, 2026.

Positive

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Negative

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Shares to be sold 13,048 shares Proposed sale of Chord Energy Corp common stock under Rule 144
Aggregate market value $1,974,572.55 Value of 13,048 Chord Energy Corp shares proposed to be sold
Shares outstanding 54,697,872 shares Chord Energy Corp common shares outstanding referenced in the filing
Restricted stock vesting 1 5,580 shares Restricted stock vesting from issuer on April 13, 2024 as compensation
Restricted stock vesting 2 7,468 shares Restricted stock vesting from issuer on April 15, 2024 as compensation
Intended sale date 08/20/2026 Approximate date of sale for the proposed Rule 144 transaction
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 | 04/13/2024 | 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 disclose for CHRD?

It discloses that Daniel E. Brown plans to sell up to 13,048 shares of Chord Energy Corp common stock under Rule 144, through Fidelity Brokerage Services LLC, with an indicated aggregate market value of about $1,974,572.55.

How many CHRD shares are proposed to be sold under this Form 144?

The notice states a proposed sale of 13,048 shares of Chord Energy Corp common stock, based on the Rule 144 securities information section.

What is the approximate market value of the CHRD shares in this Form 144?

The Form 144 indicates an aggregate market value of approximately $1,974,572.55 for the 13,048 shares of Chord Energy Corp common stock proposed to be sold.

When are the CHRD shares expected to be sold according to the Form 144?

The filing lists an intended sale date of on or after August 20, 2026 for the proposed sale of Chord Energy Corp common stock under Rule 144.

Who is the broker for the proposed CHRD share sale?

The proposed sale of 13,048 CHRD shares is to be executed through Fidelity Brokerage Services LLC, as stated in the securities information section.

What is the source of the CHRD shares listed in the Form 144?

The securities to be sold are linked to restricted stock vesting from the issuer, with entries showing 5,580 shares vesting on April 13, 2024 and 7,468 shares vesting on April 15, 2024 as compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature