Chord Energy (CHRD) grants RSUs and performance units to senior VP
Rhea-AI Filing Summary
Chord Energy Corp executive Lara J. Kroll, SVP & Chief Accounting Officer, reported routine equity compensation and related tax withholding transactions. On January 22, 2026, the company withheld 340 shares of common stock at $95.17 per share to cover tax obligations tied to restricted stock units that vested, leaving her with 10,944 common shares held directly.
On January 23, 2026, she received 3,170 restricted stock units, each representing the right to one share of common stock as part of her annual compensation. She was also granted 634 target performance share units and 634 target market stock units under the long-term incentive plan, which can earn up to 200% of target over a three-year period starting January 1, 2026, based on total shareholder return measures, with any performance units above target settled in cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 634 | $0.00 | -- |
| Grant/Award | Performance Share Units | 634 | $0.00 | -- |
| Grant/Award | Common Stock | 3,170 | $0.00 | -- |
| Tax Withholding | Common Stock | 340 | $95.17 | $32K |
Footnotes (1)
- 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 her tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common stock on January 21, 2026. The Reporting Person was granted 3,170 Restricted Stock Units by the Issuer as part of her ordinary course annual compensation package pursuant to the Issuer's LTIP. Each Restricted Stock Unit represents a contingent right to receive one share Common Stock. The Reporting Person was granted 634 target Performance Share Units ("Target Performance Units") by the Issuer as part of her ordinary course annual compensation package pursuant to the LTIP. Each Performance Share Unit represents a contingent right to receive a number of shares of Common Stock, ranging from zero to 200% of Target Performance Units ("Earned Performance Units"), depending on the Company's total shareholder return ("TSR") over a three-year measurement period beginning January 1, 2026. However, if the number of Earned Performance Units exceeds the number of Target Performance Units, then such excess will be settled in cash rather than Common Stock. The Reporting Person was granted 634 target Market Stock Units ("Target MSUs") by the Issuer as part of her ordinary course annual compensation package pursuant to the LTIP. Each Market Stock Unit represents a contingent right to receive a number of shares of Common Stock equal to the Target MSUs multiplied by a factor reflecting the cumulative TSR over a three-year period beginning January 1, 2026, which factor is based on the Company's ending stock price plus cumulative dividends paid for such period divided by the Company's beginning stock price for such period. The number of Market Stock Units earned by Reporting person shall not exceed 200% of the Target MSUs.
FAQ
What insider transactions did CHRD executive Lara J. Kroll report?
Lara J. Kroll, SVP & Chief Accounting Officer of Chord Energy Corp (CHRD), reported tax-related share withholding tied to vested restricted stock units and new grants of restricted stock units, performance share units, and market stock units under the company’s long-term incentive plan.
What equity awards did Lara J. Kroll receive from Chord Energy (CHRD)?
On January 23, 2026, Kroll was granted 3,170 restricted stock units, 634 target performance share units, and 634 target market stock units as part of her ordinary course annual compensation under Chord Energy’s long-term incentive plan.
How do the market stock units granted by CHRD to Lara J. Kroll work?
Each of the 634 target market stock units represents a right to Chord Energy common shares equal to the target units multiplied by a factor tied to cumulative total shareholder return over a three-year period starting January 1, 2026, capped at 200% of the target units.
Are the equity awards to the Chord Energy (CHRD) SVP part of a regular compensation program?
Yes. The filing states that the 3,170 restricted stock units, 634 target performance share units, and 634 target market stock units were granted as part of Kroll’s ordinary course annual compensation package under Chord Energy’s long-term incentive plan.