Chord Energy (CHRD) EVP & COO Henke sells 1,276 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chord Energy Corp executive Darrin J. Henke reported an open-market sale of 1,276 shares of Common Stock. The sale was executed at an average price of $145.97 per share. After this transaction, he directly holds 21,157 Chord Energy shares, so the sale represents a relatively small portion of his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,276 shares ($186,258)
Net Sell
1 txn
Insider
Henke Darrin J.
Role
EVP and COO
Sold
1,276 shs ($186K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,276 | $145.97 | $186K |
Holdings After Transaction:
Common Stock — 21,157 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 1,276 shares
Sale price per share: $145.97 per share
Shares held after sale: 21,157 shares
3 metrics
Shares sold
1,276 shares
Common Stock sold in open-market transaction
Sale price per share
$145.97 per share
Average price for the 1,276 shares sold
Shares held after sale
21,157 shares
Direct Common Stock ownership post-transaction
Key Terms
Form 4, open-market sale, Common Stock
3 terms
Form 4 regulatory
"according to a Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"sold 1,276 shares of Common Stock in an open-market transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"sold 1,276 shares of Common Stock in an open-market transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Chord Energy (CHRD) report for Darrin J. Henke?
Chord Energy reported that EVP and COO Darrin J. Henke sold 1,276 shares of Common Stock in an open-market transaction at $145.97 per share, according to a Form 4 insider filing.
Was the Chord Energy (CHRD) insider transaction a buy or a sell?
The reported insider transaction was a sale. Darrin J. Henke executed an open-market sale of 1,276 Chord Energy Common Stock shares, coded as an “S” transaction on the Form 4.
Does the Chord Energy (CHRD) Form 4 show any option exercises or derivative trades?
The Form 4 shows only a non-derivative transaction, specifically a sale of Common Stock. The derivativeSummary section is empty, indicating no option exercises or other derivative trades in this filing.