Form 4: Chord Energy Corp Executive Shannon Kinney Sells 3,091 Shares

Sentiment:

SEC Form 4 Filing


Shannon Browning Kinney, EVP, CAO, GC & Corp Secretary of Chord Energy Corp, sold 3,091 shares of common stock at $94.1 per share on May 8, 2025.

Summary

  • On May 8, 2025, Shannon Browning Kinney, an executive at Chord Energy Corp, sold 3,091 shares of the company's common stock.
  • The sale price was $94.1 per share.
  • Following the transaction, Kinney directly owns 21,277 shares of Chord Energy Corp.
  • The transaction was reported on a Form 4 filing with the SEC.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and can be for various reasons, including diversification, tax planning, or personal financial needs. It's important to consider the overall trend of insider transactions and the company's performance when evaluating the significance of this sale.

Stakeholder Impact

  • The sale of shares by an executive could be perceived negatively by some shareholders, but it's a relatively small transaction and unlikely to have a significant impact.

Key Dates

DateDescription
05/08/2025Date of stock sale transaction
05/12/2025Date of Form 4 filing

Keywords

Chord Energy Corp, Shannon Browning Kinney, SEC Form 4, Stock Sale, Executive, CHRD, Beneficial Ownership

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