Chord Energy EVP covers taxes with 509 shares
Chord Energy Corp executive Shannon Browning Kinney reported a tax-related share disposition tied to restricted stock vesting.
Rhea-AI Filing Summary
Chord Energy Corp executive Shannon Browning Kinney reported a tax-related share disposition tied to restricted stock vesting. On February 20, 2026, 509 shares of common stock were withheld at $104.99 per share to satisfy tax obligations, rather than sold on the open market. After this withholding, she directly owned 21,989 shares of Chord Energy common stock.
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Insider Trade Summary
Exercise Price or Tax Liability: 509 shares
Exercise Price or Tax Liability
1 txn
Insider
Kinney Shannon Browning
Role
EVP, CAO, GC & Corp Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 509 | $104.99 | $53K |
Holdings After Transaction:
Common Stock — 21,989 shares (Direct)
Footnotes (1)
- F1. In connection with the vesting and settlement of restricted stock units through the issuance of Issuer's common stock, par value $0.01 per share ("Common Stock") pursuant to the Issuer's 2020 Long Term Incentive Plan, the Issuer withheld Common Stock that would otherwise have been issued to the Reporting Person to satisfy her tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common Stock on February 19, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Chord Energy (CHRD) report for Shannon Browning Kinney?
Chord Energy reported that executive Shannon Browning Kinney had 509 shares withheld to cover taxes. The shares were related to vesting restricted stock units and were not sold on the open market, but retained by the company to satisfy her tax withholding obligations.
Was the Chord Energy (CHRD) Form 4 transaction an open-market sale?
No, the Form 4 transaction was not an open-market sale. The 509 shares of common stock were withheld by Chord Energy to cover Shannon Browning Kinney’s tax obligations arising from restricted stock unit vesting, as permitted under the company’s 2020 Long Term Incentive Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.