Chord Energy (CHRD) director receives 1,524 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McKinney Samantha reported acquisition or exercise transactions in this Form 4 filing.
Chord Energy Corp director Samantha McKinney received an equity award of 1,524 restricted stock units (RSUs) that may be settled in common stock on a one-for-one basis. The RSUs are scheduled to vest on April 29, 2027, if she continues providing services through that date.
After this grant, she directly holds 19,230 shares of Chord Energy common stock. This is a compensation-related award, not an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McKinney Samantha
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,524 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,230 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,524 RSUs
RSU vesting date: April 29, 2027
Post-grant holdings: 19,230 shares
+1 more
4 metrics
RSU grant size
1,524 RSUs
Award to director Samantha McKinney
RSU vesting date
April 29, 2027
Vesting contingent on continued service
Post-grant holdings
19,230 shares
Common stock directly held after transaction
Grant price per RSU
$0.00
Compensation award, not open-market purchase
Key Terms
restricted stock units ("RSUs"), vest, common stock
3 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs") granted to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"The RSUs will vest on April 29, 2027, so long as the Reporting Person continuously provides services"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
common stock financial
"may be settled only for shares of common stock on a one-for-one basis"
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 Samantha McKinney?
Chord Energy reported that director Samantha McKinney received a grant of 1,524 restricted stock units. These RSUs can be settled in common stock on a one-for-one basis, representing equity-based compensation rather than an open-market share purchase or sale.
When do Samantha McKinney’s new RSUs at Chord Energy (CHRD) vest?
The 1,524 restricted stock units granted to Samantha McKinney are scheduled to vest on April 29, 2027. Vesting depends on her continuously providing services to Chord Energy through that date, making this a time-based, service-contingent equity award.
Is Samantha McKinney’s Chord Energy (CHRD) RSU grant an open-market purchase?
No. The Form 4 describes the transaction as a grant or award acquisition of 1,524 restricted stock units at a price of $0.00 per unit. This indicates equity compensation, not an open-market purchase where shares are bought on a stock exchange for cash consideration.