Chord Energy (NASDAQ: CHRD) EVP sells 10,000 shares via 10b5-1 plan
Rhea-AI Filing Summary
Chord Energy Corp executive Michael H. Lou, EVP, CSO, and CCO, sold 10,000 shares of Common Stock on July 23, 2026 at an average price of $140.4200 per share. The sale was effected under a Rule 10b5-1 trading plan adopted on March 16, 2026, leaving 72,699 shares directly owned.
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Insights
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Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Lou Michael H
Role
EVP, CSO, and CCO
Sold
10,000 shs ($1.40M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 10,000 | $140.42 | $1.40M |
Holdings After Transaction:
Common Stock — 72,699 shares (Direct)
Footnotes (1)
- F1. The sale reported in this Form 4 was effected pursuant to a rule 10b5-1 trading plan adopted by the Reporting Person on March 16, 2026.
Key Figures
Shares sold: 10000.0000 shares
Sale price: $140.4200 per share
Shares owned after sale: 72699.0000 shares
+1 more
4 metrics
Shares sold
10000.0000 shares
Common Stock sale on transaction date 2026-07-23
Sale price
$140.4200 per share
Average price received for the 10,000 shares sold
Shares owned after sale
72699.0000 shares
Directly held Common Stock following the reported transaction
10b5-1 plan adoption date
March 16, 2026
Adoption date of Rule 10b5-1 trading plan used for this sale
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sale was effected pursuant to a rule 10b5-1 trading plan adopted"
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.
open market or private transaction market
"transaction_code_description: Sale in open market or private transaction"
Common Stock financial
"security_title: Common Stock for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider trade did Chord Energy Corp (CHRD) disclose for July 23, 2026?
Chord Energy reported that EVP, CSO, and CCO Michael H. Lou sold 10,000 shares of Common Stock on July 23, 2026 at $140.4200 per share, under a pre-established Rule 10b5-1 trading plan adopted on March 16, 2026.
Was Michael H. Lou’s CHRD stock sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Michael H. Lou on March 16, 2026. Such plans allow pre-arranged trading independent of subsequent market developments or personal timing decisions.
What is Michael H. Lou’s role at Chord Energy Corp (CHRD) in this Form 4?
In this Form 4, Michael H. Lou is identified as Chord Energy’s EVP, CSO, and CCO. The reported transaction reflects his personal trading in company Common Stock, executed under a previously adopted Rule 10b5-1 trading plan.
What type of transaction was reported for CHRD in this Form 4 filing?
The filing reports a sale of Chord Energy (CHRD) Common Stock, coded as an open market or private transaction. It involved 10,000 shares at $140.4200 per share and was carried out under a Rule 10b5-1 trading plan.