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Chord Energy (CHRD) EVP Michael Lou sells 15,000 shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Chord Energy Corp executive Michael H. Lou reported selling 15,000 shares of Common Stock in open-market transactions. The sales on March 12, 2026 occurred in two blocks of 14,503 shares at $125.44 per share and 497 shares at $126.28 per share, both as weighted-average prices across multiple trades. After these transactions, he directly holds 82,699 shares of Chord Energy common stock.

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*
Lou Michael H

(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, CSO, and CCO
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
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 03/12/2026 S 14,503 D $125.44(1)(2) 83,196 D
Common Stock 03/12/2026 S 497 D $126.28(2)(3) 82,699 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. Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $125.16 to $125.97 per share, inclusive.
2. Full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, Chord Energy Corporation, or a Chord Energy Corporation shareholder.
3. Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $126.28 to $126.30 per share, inclusive.
Remarks:
/s/ Melissa K. Buce, as attorney-in-fact 03/16/2026
** 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 insider transaction did Chord Energy (CHRD) report for Michael H. Lou?

Chord Energy reported that executive Michael H. Lou sold a total of 15,000 shares of Common Stock in open-market transactions on March 12, 2026. These sales were executed in two separate trade groups at different weighted-average prices.

How many Chord Energy (CHRD) shares did Michael H. Lou sell and at what prices?

Michael H. Lou sold 14,503 shares at a weighted-average price of $125.44 and 497 shares at a weighted-average price of $126.28. The trades occurred in multiple transactions within disclosed price ranges on the same day.

How many Chord Energy (CHRD) shares does Michael H. Lou hold after the sale?

Following the reported sales, Michael H. Lou directly holds 82,699 shares of Chord Energy Common Stock. This post-transaction holding figure comes from the Form 4 totals shown after the final open-market sale entry on March 12, 2026.

What role does Michael H. Lou hold at Chord Energy (CHRD)?

Michael H. Lou serves as Executive Vice President, Chief Strategy Officer, and Chief Commercial Officer at Chord Energy. His position makes his equity transactions subject to insider reporting requirements under Section 16, including the Form 4 summarized here.

Were Michael H. Lou’s Chord Energy (CHRD) stock sales single trades or multiple transactions?

The reported sales were executed as multiple open-market transactions grouped into two Form 4 line items. Each line shows a weighted-average sale price, with footnotes stating actual prices ranged between specified low and high amounts for the day’s trades.

Do the Chord Energy (CHRD) insider sales footnotes disclose detailed price breakdowns?

The footnotes state that each reported price is a weighted average for multiple trades within defined price ranges. They also indicate that full information on the number of shares sold at each individual price level will be provided upon request to regulators or shareholders.
Chord Energy Corp

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