Chord Energy director sells 9,750 shares
A Chord Energy Corp director disclosed open-market sales totaling 9,750 shares of common stock on September 1, 2026.
Rhea-AI Filing Summary
Chord Energy Corp (CHRD) director Samantha McKinney reported two open-market sales of common stock on September 1, 2026. She sold 6,250 shares at a weighted average price of $149.74 per share and 3,500 shares at a weighted average price of $150.30 per share, each executed in multiple trades within disclosed price ranges. No Rule 10b5-1 trading plan is reported, and post-transaction share holdings are not stated.
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Insights
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Insider Trade Summary
Net Seller: 9,750 shares
Net Sell
2 txns
Insider
McKinney Samantha
Role
Director
Sold
9,750 shs ($1.46M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 6,250 | $149.74 | $936K |
| Sale | Common Stock F2, F3 | 3,500 | $150.30 | $526K |
Holdings After Transaction:
Common Stock — 7,280 shares (Direct)
Footnotes (3)
- F1. Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $149.17 to $150.17 per share, inclusive.
- F2. 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.
- F3. Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $150.22 to $150.35 per share, inclusive.
Key Figures
Shares sold (first transaction): 6,250 shares
Weighted average sale price (first transaction): $149.74 per share
Shares sold (second transaction): 3,500 shares
+2 more
5 metrics
Shares sold (first transaction)
6,250 shares
Open-market sale of common stock on September 1, 2026
Weighted average sale price (first transaction)
$149.74 per share
6,250 shares sold; individual prices ranged from $149.17 to $150.17
Shares sold (second transaction)
3,500 shares
Second open-market sale of common stock on September 1, 2026
Weighted average sale price (second transaction)
$150.30 per share
3,500 shares sold; individual prices ranged from $150.22 to $150.35
Total shares sold
9,750 shares
Sum of both open-market sales on September 1, 2026
Key Terms
weighted average price, open market, Rule 10b5-1
3 terms
weighted average price financial
"Represents a weighted average price of open market same day sales."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market market
"Represents a weighted average price of open market same day sales."
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for these transactions."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did CHRD director Samantha McKinney report?
She reported two open-market sales of Chord Energy Corp common stock on September 1, 2026, totaling 9,750 shares sold.
Were the CHRD insider sales made under a Rule 10b5-1 trading plan?
No. The filing indicates that no Rule 10b5-1 trading plan is reported for the September 1, 2026 sales of Chord Energy Corp common stock.
Does the filing state Samantha McKinney’s CHRD holdings after the sales?
No. The Form 4 reports the share amounts sold and prices for the September 1, 2026 transactions but does not state her total shares held after these sales.
How were the CHRD insider sale prices determined in the Form 4?
Each reported price is a weighted average for multiple same-day open-market transactions. The filing discloses the price ranges for each group of trades and states that detailed trade-level data will be provided upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.