Chord Energy (CHRD) director receives 1,524 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chord Energy Corp director Hilary A. Foulkes received a stock-based compensation award. On April 29, 2026, she acquired 1,524 shares of Chord Energy common stock through a grant of restricted stock units at no cash cost. These RSUs vest on April 29, 2027, if she continues providing services to the company. Following this award, she directly holds 5,728 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Foulkes Hilary A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,524 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,728 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 1,524 units
Grant price: $0.00 per unit
Shares after grant: 5,728 shares
+1 more
4 metrics
RSUs granted
1,524 units
Restricted stock units granted on April 29, 2026
Grant price
$0.00 per unit
Equity compensation, no cash paid by director
Shares after grant
5,728 shares
Total common stock held directly following transaction
Vesting date
April 29, 2027
RSUs vest if service continues through this date
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 did Chord Energy (CHRD) director Hilary Foulkes report on this Form 4?
Hilary Foulkes reported receiving 1,524 restricted stock units as equity compensation. The grant is in the form of RSUs that convert into common shares, reflecting standard director compensation rather than an open-market purchase or sale of Chord Energy stock.
When do Hilary Foulkes’s newly granted Chord Energy (CHRD) RSUs vest?
The 1,524 restricted stock units granted to Hilary Foulkes vest on April 29, 2027. Vesting requires that she continuously provide services to Chord Energy through that date, aligning director compensation with ongoing board service over the vesting period.
What type of security was granted to Hilary Foulkes by Chord Energy (CHRD)?
Chord Energy granted Hilary Foulkes restricted stock units that settle one-for-one into common stock. These RSUs provide future shares upon vesting, linking her compensation to the company’s equity performance and her continued service as a director.