Chord Energy (CHRD) Form 4: Officer disposition of 3,019 shares

Rhea-AI Filing Summary

Chord Energy Corp (CHRD) officer disclosed an open-market sale of common stock. The reporting person, Kinney Shannon Browning, identified as an officer (EVP, CAO, GC & Corporate Secretary), sold 3,019 shares on 08/22/2025 at a weighted average price of $105.43 per share, with actual trade prices ranging from $105.36 to $105.54. After the sale the reporting person beneficially owned 14,650 shares, held directly. The Form 4 was signed by an attorney-in-fact on 08/25/2025. Further breakdown of shares sold at each price is available upon request.

Positive

• Transparent disclosure of weighted average sale price and price range for the open-market trades.
• Officer retains ownership of 14,650 shares after the transaction, indicating continued direct stake in the company.

Negative

• Officer disposed of 3,019 shares in an open-market sale, a cashing-out event that investors may note.

Insights

Corporate Governance Expert

TL;DR: Routine insider sale by a senior officer; disclosure appears complete and timely.

The Form 4 documents an open-market disposition by a senior executive, reporting sale of 3,019 common shares at a weighted average price of $105.43 on 08/22/2025, leaving direct beneficial ownership of 14,650 shares. The filing includes required explanatory detail about price ranges and offers additional transaction-level detail upon request, which supports transparency. There is no indication in the filing of rule-based trading plans or amendments. This type of disclosure is typically routine for compensation, diversification, or liquidity reasons and does not by itself indicate governance concerns.

Securities Analyst

TL;DR: Insider sale is a material transaction to note, but size appears modest relative to total holdings disclosed.

The reported sale of 3,019 shares at approximately $105.43 reduces the officer's direct position to 14,650 shares. The filing provides the weighted average and the per-trade price range, which is useful for market-impact assessment. The disclosure was executed via attorney-in-fact and dated 08/25/2025. Absent additional filings or context about total outstanding shares or company-wide insider trends, this single transaction is informational and has a neutral immediate market implication.

SEC Form 4

FORM 4

UNITED 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
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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^*

Kinney Shannon Browning

(Last) (First) (Middle)

1001 FANNIN STREET

SUITE 1500

(Street)

HOUSTON TX 77002

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Chord Energy Corp [ CHRD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CAO, GC & Corp Secretary

3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/22/2025		S		3,019	D	$105.43(1)(2)	14,650	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $105.36 to $105.54 per share, inclusive.

2. Full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, Chord Energy Corporation, or a Chord Energy Corporation shareholder.

Remarks:

	/s/ Melissa K. Buce, as attorney-in-fact	08/25/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did the CHRD Form 4 filed by Kinney Shannon Browning report?

The filing reported a sale of 3,019 Chord Energy (CHRD) common shares on 08/22/2025 at a weighted average price of $105.43, leaving 14,650 shares beneficially owned.

At what prices were the CHRD shares sold on 08/22/2025?

Trades ranged from $105.36 to $105.54 per share; the filing reports a weighted average of $105.43 and offers detailed per-trade breakdown on request.

What is the reporting person’s role at Chord Energy (CHRD)?

The Form 4 lists the reporting person as an officer with titles EVP, CAO, GC & Corporate Secretary and indicates direct beneficial ownership.

When was the Form 4 for this transaction signed and filed?

The signature by an attorney-in-fact (Melissa K. Buce) is dated 08/25/2025; the transaction date is 08/22/2025.

Can I get the exact number of shares sold at each price?

Yes. The filing states that full information on the number of shares sold at each separate price will be provided upon request by the Commission staff, Chord Energy Corporation, or a Chord Energy shareholder.