Form 4: Chord Energy Corp Executive Lou Michael H Reports Stock Transaction
SEC Form 4 Filing
EVP, CSO, and CCO of Chord Energy Corp, Lou Michael H, reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On February 20, 2025, Lou Michael H, EVP, CSO, and CCO of Chord Energy Corp, reported a transaction involving Chord Energy Corp [CHRD] common stock.
- The transaction involved the disposition of 679 shares of common stock at a price of $114.35 per share to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Lou Michael H directly owns 89,166 shares of Chord Energy Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction related to executive compensation.
Industry Context
This is a routine Form 4 filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it's a small number of shares being disposed of by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of the stock transaction (disposition of shares). |
| 02/19/2025 | Date used to determine the closing price per share for tax withholding. |
| 02/24/2025 | Date of signature for the Form 4 filing. |
Keywords
Chord Energy Corp, CHRD, Form 4, Lou Michael H, Stock Transaction, Restricted Stock Units, Tax Withholding, Executive Compensation
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