Form 4: Chord Energy Corp Executive Sells 1,000 Shares

Shannon Browning Kinney, an executive at Chord Energy Corp, sold 1,000 shares of common stock at a price of $116.35 per share on December 16, 2024.

Summary

• Shannon Browning Kinney, an EVP, CAO, GC & Corp Secretary at Chord Energy Corp, sold 1,000 shares of the company's common stock on December 16, 2024.
• The sale price was $116.35 per share.
• Following the transaction, Ms. Kinney directly owns 19,488 shares of Chord Energy Corp.

Sentiment

Score: 5

Explanation: The document is a neutral report of an executive stock sale, which is a routine event. It does not indicate any positive or negative sentiment about the company's performance.

Industry Context

This is a routine disclosure of an executive's stock transaction, which is common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
• The transaction is similar to other executive stock sales reported by companies in the energy sector, such as those by executives at EOG Resources or Pioneer Natural Resources.

Stakeholder Impact

• The stock sale by an executive may have a minor impact on investor sentiment, but is unlikely to significantly affect the company's operations or financial health.

Key Dates

Keywords

Chord Energy Corp, stock sale, executive transaction, insider trading, Form 4, Shannon Browning Kinney