Chord Energy director granted 1,524 RSUs
Sheets Jeffrey Wayne reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Sheets Jeffrey Wayne reported acquisition or exercise transactions in this Form 4 filing.
Chord Energy director Jeffrey Wayne Sheets received a grant of 1,524 restricted stock units (RSUs) of common stock. The award was granted at no cash cost per unit and represents stock-based compensation rather than an open-market purchase.
The RSUs may be settled only in shares of common stock on a one-for-one basis and will vest on April 29, 2027, provided he continues to provide services to Chord Energy through that date. After this grant, he directly holds 7,672 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,524 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of restricted stock units ("RSUs") granted to the Reporting Person that may be settled only for shares of common stock on a one-for-one basis. The RSUs will vest on April 29, 2027, so long as the Reporting Person continuously provides services to the Issuer through such vesting date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
vest financial
grant, award, or other acquisition financial
FAQ
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What did Jeffrey Wayne Sheets do in this Chord Energy (CHRD) Form 4 filing?
When do the newly granted Chord Energy (CHRD) RSUs vest?
Are the Chord Energy (CHRD) RSUs settled in cash or stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.