Chord Energy (CHRD) CFO receives RSUs, performance and market stock units
Rhea-AI Filing Summary
Chord Energy Corp EVP, CFO and Treasurer Richard N. Robuck reported routine equity compensation and a tax withholding share transaction. On January 22, 2026, the company withheld 1,044 shares of common stock at $95.17 per share to cover taxes tied to vesting restricted stock units, leaving him with 23,585 common shares directly owned afterward. On January 23, 2026, he received an annual grant of 11,076 restricted stock units, increasing his directly owned common stock to 34,661 shares upon settlement.
He was also granted 3,461 target performance share units and 2,769 target market stock units as part of his ordinary-course long-term incentive package. These derivative awards can convert into common shares over a three-year period starting January 1, 2026, based on the company’s total shareholder return, with any performance awards above the target level paid in cash rather than stock. Following these awards, he directly held 7,819 performance share units and 10,588 market stock units.
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FAQ
What insider transactions did Chord Energy (CHRD) EVP & CFO report on this Form 4?
EVP, CFO and Treasurer Richard N. Robuck reported two common stock transactions and two derivative grants. On January 22, 2026, 1,044 common shares were withheld at $95.17 to cover taxes on vesting restricted stock units. On January 23, 2026, he received an annual grant of 11,076 restricted stock units, plus 3,461 target performance share units and 2,769 target market stock units under the long-term incentive plan.
How many Chord Energy (CHRD) common shares does the CFO own after these transactions?
After the reported transactions, EVP, CFO and Treasurer Richard N. Robuck directly beneficially owned 34,661 shares of Chord Energy common stock. This followed tax withholding of 1,044 shares on January 22, 2026 and the grant of 11,076 restricted stock units on January 23, 2026.
What are the details of the restricted stock unit grant to the Chord Energy (CHRD) CFO?
On January 23, 2026, the reporting person was granted 11,076 restricted stock units as part of his ordinary-course annual compensation under Chord Energy’s long-term incentive plan. Each restricted stock unit represents a contingent right to receive one share of common stock, subject to the plan’s vesting terms.
How are the performance share units structured for Chord Energy (CHRD) CFO Robuck?
The CFO received 3,461 target performance share units, each representing a contingent right to receive between zero and 200% of the target in common shares, based on total shareholder return over a three-year period beginning January 1, 2026. Any earned amount above the target will be settled in cash rather than additional common stock.
What are the market stock units granted to the Chord Energy (CHRD) CFO?
He was granted 2,769 target market stock units. Each unit can convert into common shares equal to the target amount multiplied by a factor tied to cumulative total shareholder return over a three-year period beginning January 1, 2026. The number of market stock units earned cannot exceed 200% of the target amount.
Why were 1,044 Chord Energy (CHRD) shares withheld from the CFO?
The 1,044 common shares were withheld in connection with the vesting and settlement of restricted stock units. Chord Energy used these shares to satisfy tax withholding obligations for the reporting person, with the number of shares based on the January 21, 2026 closing stock price.