[Form 4] Chord Energy Corp Insider Trading Activity
Rhea-AI Filing Summary
Chord Energy Corp EVP and COO Darrin J. Henke reported routine equity compensation and related tax withholding transactions. On January 22, 2026, the company withheld 1,085 shares of common stock at $95.17 per share to cover taxes arising from restricted stock unit vesting, leaving him with 12,214 common shares directly owned.
On January 23, 2026, he received an annual grant of 11,076 restricted stock units, each representing one share of common stock, increasing his direct common stock holdings to 23,290 shares on a settled basis. He was also granted 3,461 target Performance Share Units, which can pay out between zero and 200% of target based on three‑year total shareholder return starting January 1, 2026, with any amount above target settled in cash, and 2,769 target Market Stock Units, also capped at 200% of target over the same three‑year TSR period.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 3,461 | $0.00 | -- |
| Grant/Award | Performance Share Units | 2,769 | $0.00 | -- |
| Grant/Award | Common Stock | 11,076 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,085 | $95.17 | $103K |
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 his 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 11,076 Restricted Stock Units by the Issuer as part of his 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 3,461 target Performance Share Units ("Target Performance Units") by the Issuer as part of his 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 2,769 target Market Stock Units ("Target MSUs") by the Issuer as part of his 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 the Reporting Person shall not exceed 200% of the Target MSUs.