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

EVP and COO of Chord Energy Corp, Darrin J. Henke, reports disposition of shares to cover tax obligations related to vesting of restricted stock units.

Summary

• On February 20, 2025, Darrin J. Henke, EVP and COO of Chord Energy Corp, reported a transaction involving common stock.
• The transaction involved the withholding of 654 shares of common stock at a price of $114.35 to cover tax obligations related to the vesting of restricted stock units.
• Following the transaction, Henke directly owns 13,299 shares of Chord Energy Corp.
• The shares were withheld by the issuer pursuant to the company's Long Term Incentive Plan.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, which is neutral to slightly positive as it indicates the executive is receiving vested stock.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like Darrin J. Henke, transact in their company's stock. These filings provide transparency to the market regarding the buying and selling activities of those with privileged information.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations related to executive compensation.

Key Dates

Keywords

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