Form 4: Chord Energy Corp Executive Darrin J. Henke Reports Stock Transaction

EVP and COO of Chord Energy Corp, Darrin J. Henke, reports a transaction involving the withholding of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• On February 1, 2025, Darrin J. Henke, EVP and COO of Chord Energy Corp, reported a transaction on SEC Form 4.
• The transaction involved the withholding of 243 shares of Chord Energy Corp common stock at a price of $112.45 per share.
• This withholding was to satisfy tax obligations related to the vesting and settlement of restricted stock units under the company's Long Term Incentive Plan.
• Following the transaction, Henke directly owns 13,953 shares of Chord Energy Corp common stock.

Sentiment

Score: 5

Explanation: This is a neutral transaction related to tax obligations, not indicative of positive or negative sentiment towards the company.

Industry Context

This type of transaction is a routine part of executive compensation, where stock is withheld to cover tax liabilities associated with vesting equity awards. It doesn't necessarily reflect a change in the executive's outlook on the company.

Key Dates

Keywords

Chord Energy Corp, Darrin J. Henke, SEC Form 4, Stock Transaction, Restricted Stock Units, Tax Withholding, Beneficial Ownership, CHRD