Form 4: Chord Energy Corp Director Hilary A. Foulkes Reports Acquisition and Disposal of Common Stock

Director Hilary A. Foulkes reported the acquisition of 647 shares and disposal of 2,165 shares of Chord Energy Corp common stock on August 19, 2024.

Summary

• On August 19, 2024, Hilary A. Foulkes, a director of Chord Energy Corp, engaged in transactions involving the company's common stock.
• Foulkes acquired 647 shares of common stock.
• Foulkes disposed of 2,165 shares of common stock.
• Following these transactions, Foulkes directly owns 2,165 shares of Chord Energy Corp.
• Foulkes also received an award of restricted stock units (RSUs) that will vest on May 1, 2025, contingent upon continued service to the Issuer.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The granting of RSUs to a director aligns their interests with the long-term performance of the company.

Future Outlook

The vesting of RSUs on May 1, 2025, is contingent upon the Reporting Person's continued service to the Issuer.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, in their company's stock. This allows investors to monitor insider activity, which can provide insights into management's perspective on the company's valuation and future prospects.

Stakeholder Impact

• Shareholders can use this information to understand the actions of company insiders and their potential impact on the stock's performance.

Key Dates