STOCK TITAN

Chord Energy (CHRD) awards EVP stock, RSUs and performance units

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kinney Shannon Browning

(Last) (First) (Middle)
1001 FANNIN STREET
SUITE 1500

(Street)
HOUSTON TX 77002

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Chord Energy Corp [ CHRD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CAO, GC & Corp Secretary
3. Date of Earliest Transaction (Month/Day/Year)
01/22/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/22/2026 F 794(1) D $95.17 13,856 D
Common Stock 01/23/2026 A 8,642 A (2) 22,498 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Share Units (3) 01/23/2026 A 2,700 (3) (3) Common Stock 2,700 (3) 6,192 D
Performance Share Units (4) 01/23/2026 A 2,160 (4) (4) Common Stock 2,160 (4) 8,352 D
Explanation of Responses:
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.
2. The Reporting Person was granted 8,642 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.
3. The Reporting Person was granted 2,700 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.
4. The Reporting Person was granted 2,160 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.
Remarks:
/s/ Melissa K. Buce, as attorney-in-fact 01/26/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

Chord Energy Corp

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United States
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