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.
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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.
How many Chord Energy (CHRD) shares were withheld for taxes in this Form 4?
The filing shows that 340 shares of Chord Energy common stock were withheld on January 22, 2026 at a price of $95.17 per share to satisfy Kroll’s tax withholding obligations upon the vesting and settlement of restricted stock units.
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.
What are the terms of the performance share units granted by Chord Energy (CHRD)?
Each performance share unit can convert into a number of Chord Energy common shares ranging from zero to 200% of the 634 target units, based on the company’s total shareholder return over a three-year period beginning January 1, 2026. Any earned units above the target level are settled in cash instead of stock.
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.
How many Chord Energy (CHRD) common shares does Lara J. Kroll hold after these transactions?
After the reported tax withholding and new grant transactions, Kroll directly beneficially owned 14,114 shares of Chord Energy common stock according to the non-derivative holdings table in the filing.
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.