Form 4: Chord Energy Corp Director Woung-Chapman Acquires Shares Through Restricted Stock Units
SEC Form 4 Filing
Director Marguerite Woung-Chapman acquired 2,039 shares of Chord Energy Corp through restricted stock units (RSUs) on April 30, 2025.
Summary
- On April 30, 2025, Marguerite Woung-Chapman, a director of Chord Energy Corp, acquired 2,039 shares of common stock.
- The acquisition was made through an award of restricted stock units (RSUs).
- These RSUs can be settled for shares of common stock on a one-for-one basis.
- The RSUs will vest on April 30, 2026, contingent upon continuous service to Chord Energy Corp until that date.
- Following the transaction, Woung-Chapman directly owns 9,122 shares of Chord Energy Corp.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of an RSU grant, which is neither particularly positive nor negative on its own.
Positives
- The acquisition of shares by a director signals confidence in the company's future.
Future Outlook
The vesting of the RSUs on April 30, 2026, is contingent upon the director's continued service to the company.
Industry Context
Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future prospects. This transaction represents a director's increased stake in Chord Energy Corp.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it indicates a director's increased alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction: Acquisition of 2,039 shares through RSUs. |
| 04/30/2026 | Vesting date for the RSUs, contingent upon continuous service. |
| 05/02/2025 | Date of filing of the Form 4. |
Keywords
Chord Energy Corp, Director, Woung-Chapman, RSUs, Stock Acquisition, Beneficial Ownership, Form 4
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