Form 4: Chord Energy Corp Executive Shannon Kinney Reports Tax Withholding Transaction

Shannon Kinney, EVP, CAO, GC & Corp Secretary of Chord Energy Corp, reports a transaction involving the withholding of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• On February 20, 2025, Shannon Kinney, EVP, CAO, GC & Corp Secretary of Chord Energy Corp, reported a transaction on SEC Form 4.
• The transaction involved the withholding of 555 shares of Chord Energy Corp common stock at a price of $114.35.
• 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, Kinney directly owns 24,368 shares of Chord Energy Corp common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing related to executive compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It reflects the standard practice of withholding shares to cover taxes upon the vesting of restricted stock units.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard tax withholding related to executive compensation.

Key Dates

Keywords

Chord Energy Corp, Shannon Kinney, Form 4, SEC, Tax Withholding, Restricted Stock Units, Common Stock, Long Term Incentive Plan, Executive Compensation