Chord Energy (CHRD) awards EVP stock, RSUs and performance units
Rhea-AI Filing Summary
Chord Energy Corp executive Kinney Shannon Browning reported routine equity compensation and related tax withholding transactions. On 01/22/2026, 794 shares of common stock were withheld at $95.17 per share to cover taxes tied to restricted stock unit vesting, leaving 13,856 shares directly held.
On 01/23/2026, she received 8,642 restricted stock units as part of her annual compensation, each representing one share of common stock, increasing her direct common stock balance to 22,498 shares upon grant settlement. She was also granted 2,700 target Performance Share Units and 2,160 target Market Stock Units, each tied to total shareholder return over a three-year period beginning January 1, 2026, with potential payouts up to 200% of target, subject to plan terms.
Positive
- None.
Negative
- None.
FAQ
What did Chord Energy (CHRD) report in this Form 4 for Kinney Shannon Browning?
The filing shows EVP, CAO, GC & Corp Secretary Kinney Shannon Browning had shares withheld to cover taxes from vesting restricted stock units and received new equity awards, including restricted stock units, Performance Share Units, and Market Stock Units as part of her annual compensation.
How many Chord Energy common shares were withheld for taxes in this Form 4?
On 01/22/2026, the company withheld 794 shares of common stock at $95.17 per share to satisfy tax withholding obligations related to the vesting of restricted stock units.
What new restricted stock units did Kinney Shannon Browning receive from Chord Energy (CHRD)?
On 01/23/2026, she was granted 8,642 Restricted Stock Units under Chord Energy's long-term incentive plan. Each unit represents a contingent right to receive one share of common stock as it vests according to plan terms.
What are the Performance Share Units granted to the Chord Energy executive in this Form 4?
The executive received 2,700 target Performance Share Units on 01/23/2026. Each unit can convert into a number of common shares ranging from zero to 200% of the target, based on total shareholder return over a three-year period starting January 1, 2026. Any shares above the target level are settled in cash rather than stock.
What are the Market Stock Units reported for Chord Energy (CHRD) in this insider filing?
The filing reports a grant of 2,160 target Market Stock Units on 01/23/2026. Each unit entitles the executive to a number of common shares equal to the target units multiplied by a factor tied to cumulative total shareholder return over a three-year period beginning January 1, 2026, capped at 200% of the target.
How many Chord Energy common shares does Kinney Shannon Browning hold after these transactions?
After the reported transactions, Kinney Shannon Browning directly beneficially owns 22,498 shares of Chord Energy common stock, as shown in the non-derivative securities table.