Form 4: Chord Energy Corp: CEO Daniel E. Brown Reports Stock Transaction

Daniel E. Brown, President and CEO of Chord Energy Corp, reports the withholding of 1,372 common stock shares to cover tax obligations related to vesting restricted stock units.

Summary

• On February 20, 2025, Daniel E. Brown, the President and CEO of Chord Energy Corp, reported a transaction involving the company's common stock.
• The transaction involved the withholding of 1,372 shares of common stock at a price of $114.35 per share.
• This withholding was to cover tax obligations related to the vesting and settlement of restricted stock units under the company's Long Term Incentive Plan.
• Following the transaction, Brown directly owns 256,349 shares of Chord Energy Corp.
• The withholding was based on the closing price of the common stock on February 19, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine tax withholding related to executive compensation.

Key Dates

Keywords

Chord Energy Corp, Daniel E. Brown, Form 4, Stock Transaction, Restricted Stock Units, Tax Withholding, Beneficial Ownership, CHRD