Chord Energy (CHRD) EVP Michael Lou sells 15,000 shares
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 15,000 shares ($1,882,017)
Net Sell
2 txns
Insider
Lou Michael H
Role
EVP, CSO, and CCO
Sold
15,000 shs ($1.88M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,503 | $125.44 | $1.82M |
| Sale | Common Stock | 497 | $126.28 | $63K |
Holdings After Transaction:
Common Stock — 83,196 shares (Direct)
Footnotes (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. 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. 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.
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.
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.