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Chord Energy (CHRD) CEO sells stock near $150 under 10b5-1 plan

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Form Type
4

Rhea-AI Filing Summary

Chord Energy Corp (CHRD) reported that President and CEO Daniel E. Brown sold a total of 13,704 shares of common stock in open-market transactions on August 20–21, 2026. The sales were made under a Rule 10b5-1 trading plan adopted on March 16, 2026 and executed at weighted average prices between roughly $150 and $152 per share, across multiple price intervals on those days.

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Insider Brown Daniel E
Role President and CEO
Sold 13,704 shs ($2.07M)
Type Security Shares Price Value
Sale Common Stock F1, F3, F6 656 $150.12 $98K
Sale Common Stock F1, F2, F3 6,120 $150.65 $922K
Sale Common Stock F1, F3, F4 4,102 $151.66 $622K
Sale Common Stock F1, F3, F5 2,826 $152.34 $431K
Holdings After Transaction: Common Stock — 178,659 shares (Direct)
Footnotes (6)
  1. F1. The sales reported in this Form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the Reporting Person on March 16, 2026.
  2. F2. Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $150.13 to $151.06 per share, inclusive.
  3. F3. 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.
  4. F4. Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $151.17 to $152.15 per share, inclusive.
  5. F5. Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $152.18 to $152.98 per share, inclusive.
  6. F6. Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $150.00 to $150.58 per share, inclusive.
Total shares sold 13,704 shares Aggregate of all reported sales by Daniel E. Brown
Shares sold on 2026-08-20 at $150.65 6,120 shares at $150.6500 per share Open-market sale of common stock on August 20, 2026
Shares sold on 2026-08-20 at $151.66 4,102 shares at $151.6600 per share Open-market sale of common stock on August 20, 2026
Shares sold on 2026-08-20 at $152.34 2,826 shares at $152.3400 per share Open-market sale of common stock on August 20, 2026
Shares sold on 2026-08-21 at $150.12 656 shares at $150.1200 per share Open-market sale of common stock on August 21, 2026
Rule 10b5-1 plan adoption date March 16, 2026 Date Daniel E. Brown adopted the trading plan governing these sales
Price range footnote F2 $150.13 to $151.06 per share Actual price range for sales covered by weighted average in one transaction
Price range footnote F5 $152.18 to $152.98 per share Actual price range for sales covered by weighted average in one transaction
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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 same day sales market
"Represents a weighted average price of open market same day sales."

FAQ

What insider transactions did CHRD CEO Daniel E. Brown report on this Form 4?

Daniel E. Brown reported four open-market sales of Chord Energy Corp common stock on August 20–21, 2026, totaling 13,704 shares, all reported as dispositions of directly owned shares.

How many CHRD shares did the CEO sell and on which dates?

He sold a total of 13,704 shares of Chord Energy Corp common stock: 12,?48 shares across three transactions on August 20, 2026 (6,120; 4,102; 2,826 shares) and 656 shares on August 21, 2026.

At what prices were the CHRD shares sold by the CEO?

Reported per-share figures and weighted averages were about $150.65 for 6,120 shares, $151.66 for 4,102 shares, $152.34 for 2,826 shares, and $150.12 for 656 shares, with actual trade prices occurring within specified ranges around those levels.

Were the August 2026 CHRD insider sales under a Rule 10b5-1 trading plan?

Yes. A footnote states the sales were effected under a Rule 10b5-1 trading plan adopted by Daniel E. Brown on March 16, 2026, indicating the trades were made pursuant to a pre-arranged plan.

Were Daniel E. Brown’s CHRD sales direct or through an indirect entity?

All four reported transactions are classified as direct ownership (code "D") in Chord Energy Corp common stock, meaning the sales relate to shares held directly by Daniel E. Brown rather than through an intermediary entity.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 TEXAS 77002

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Chord Energy Corp [ CHRD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/20/2026S(1)6,120D$150.65(2)(3)186,243D
Common Stock08/20/2026S(1)4,102D$151.66(3)(4)182,141D
Common Stock08/20/2026S(1)2,826D$152.34(3)(5)179,315D
Common Stock08/21/2026S(1)656D$150.12(3)(6)178,659D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by the Reporting Person on March 16, 2026.
2. Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $150.13 to $151.06 per share, inclusive.
3. 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.
4. Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $151.17 to $152.15 per share, inclusive.
5. Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $152.18 to $152.98 per share, inclusive.
6. Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $150.00 to $150.58 per share, inclusive.
Remarks:
/s/ Melissa K. Buce, as attorney-in-fact08/24/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)