Chord Energy CEO has shares withheld for taxes

Chord Energy Corp President and CEO Daniel E. Brown reported a tax-related share disposition.

Rhea-AI Filing Summary

Chord Energy Corp President and CEO Daniel E. Brown reported a tax-related share disposition. In connection with the vesting of restricted stock units under the 2020 Long Term Incentive Plan, the company withheld 1,353 shares of common stock, using a reference price of $104.99 per share, to cover his tax withholding obligations. Following this tax-withholding disposition, Brown directly owns 192,363 shares of Chord Energy common stock.

Insider Trade Summary

Exercise Price or Tax Liability: 1,353 shares

Exercise Price or Tax Liability 1 txn

Insider Brown Daniel E

Role President and CEO

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	1,353	$104.99	$142K

Holdings After Transaction: Common Stock — 192,363 shares (Direct)

Footnotes (1)

1. F1. 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 February 19, 2026.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Chord Energy (CHRD) report for Daniel E. Brown?

Chord Energy reported a tax-withholding disposition for CEO Daniel E. Brown. The company withheld common shares that would otherwise have been issued upon restricted stock unit vesting to satisfy his tax withholding obligations under the 2020 Long Term Incentive Plan.

How many Chord Energy (CHRD) shares were withheld from Daniel E. Brown?

A total of 1,353 shares of Chord Energy common stock were withheld. These shares were retained by the company instead of being issued to Daniel E. Brown to cover his tax obligations related to vesting restricted stock units.

What price was used to determine the withheld Chord Energy (CHRD) shares?

The number of shares withheld was based on a closing price of $104.99 per share. This price on February 19, 2026 was used to calculate how many shares were needed to satisfy Daniel E. Brown’s tax withholding obligations.

How many Chord Energy (CHRD) shares does Daniel E. Brown own after this transaction?

After the tax-withholding disposition, Daniel E. Brown directly owns 192,363 shares of Chord Energy common stock. This figure reflects his direct holdings following the company’s withholding of shares to cover his tax obligations on vested restricted stock units.

Was the Chord Energy (CHRD) CEO’s Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 describes a tax-withholding disposition, where Chord Energy withheld shares that would have been issued upon restricted stock unit vesting to satisfy Daniel E. Brown’s tax withholding obligations.

What does transaction code F mean in the Chord Energy (CHRD) Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, Chord Energy withheld vested shares of common stock instead of issuing them to Daniel E. Brown to cover his tax withholding obligations.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/23/2026 - 08:33 PM Learn about SEC filing dates

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^*

Brown Daniel E

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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	02/20/2026		F		1,353(1)	D	$104.99	192,363	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

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 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 February 19, 2026.

Remarks:

	/s/ Melissa K. Buce, as attorney-in-fact	02/23/2026
	** 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.