STOCK TITAN

Chord Energy (CHRD) director receives 1,524 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dundas Ian C reported acquisition or exercise transactions in this Form 4 filing.

Chord Energy Corp director Ian C. Dundas received an award of 1,524 restricted stock units, which may be settled in common stock on a one-for-one basis. These RSUs vest on April 29, 2027, subject to his continued service. Following this grant, he directly holds 73,735 shares.

Positive

  • None.

Negative

  • None.
Insider Dundas Ian C
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,524 $0.00 --
Holdings After Transaction: Common Stock — 73,735 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 1,524 units Restricted stock units granted to Ian C. Dundas
Vesting date April 29, 2027 RSUs vest if service continues through this date
Shares held after grant 73,735 shares Total Chord Energy common stock directly held post-transaction
Grant price per share $0.00 Compensation grant, not an open-market purchase
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs") granted to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"The RSUs will vest on April 29, 2027, so long as the Reporting Person continuously provides services"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
common stock financial
"may be settled only for shares of common stock on a one-for-one basis"
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.
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*
Dundas Ian C

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026
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 Stock04/29/2026A1,524A(1)73,735D
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. 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.
Remarks:
/s/ Melissa K. Buce, as attorney-in-fact05/01/2026
** 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)

FAQ

What did Chord Energy (CHRD) director Ian C. Dundas report on this Form 4?

Ian C. Dundas reported receiving 1,524 restricted stock units as compensation. These RSUs are a stock-based award that may be settled in Chord Energy common shares on a one-for-one basis, increasing his direct equity-based stake in the company.

How many Chord Energy shares does Ian C. Dundas hold after this RSU grant?

After the RSU award, Ian C. Dundas directly holds 73,735 Chord Energy common shares. This total reflects his position immediately following the reported grant, giving investors a snapshot of his current direct ownership stake as of the transaction date.

When do Ian C. Dundas’s 1,524 Chord Energy RSUs vest?

The 1,524 restricted stock units granted to Ian C. Dundas vest on April 29, 2027. Vesting requires that he continuously provide services to Chord Energy through that date, aligning the award with long-term company performance and board tenure.

What does the RSU award to Ian C. Dundas represent for CHRD shareholders?

The RSU award represents equity-based compensation that can convert into 1,524 common shares if vesting conditions are met. It is designed to align the director’s interests with shareholders by tying part of his compensation to Chord Energy’s stock performance over time.

Was the Chord Energy RSU grant to Ian C. Dundas a market purchase or sale?

The RSU grant was not a market purchase or sale; it was a compensation-related award recorded at a zero dollar price per unit. Such awards typically reflect board or executive pay decisions rather than discretionary trading in the open market.