Form 4: Chord Energy Officer Sells Shares
Insider Transaction Report
Chord Energy's SVP & Chief Accounting Officer, Lara J Kroll, sold 5,000 shares of common stock for approximately $113.66 per share.
Summary
- Lara J Kroll, SVP & Chief Accounting Officer of Chord Energy Corp, reported a sale of common stock.
- The transaction involved the disposition of 5,000 shares of Chord Energy Corp common stock.
- The shares were sold on March 3, 2026, at a weighted average price of $113.66 per share.
- Individual sales prices ranged from $113.51 to $113.92 per share.
- Following this transaction, Lara J Kroll beneficially owns 8,921 shares of common stock.
- The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged sale.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. An insider sale, especially when pre-arranged under a 10b5-1 plan, is typically a routine personal financial management activity and not indicative of company-specific positive or negative news.
Future Outlook
This Form 4 filing reports a past insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance.
Industry Context
StockSavvy.ai notes that insider sales, particularly those executed under a Rule 10b5-1 plan, are common for personal financial planning, diversification, or liquidity needs and do not necessarily reflect a change in management's outlook on the company's prospects. Such transactions are routine disclosures in the financial industry.
Stakeholder Impact
- Shareholders: A minor reduction in direct equity alignment between management and shareholders, though often for personal financial planning reasons.
Key Dates
| Date | Description |
|---|---|
| 03/03/2026 | Date of transaction (sale of common stock) |
| 03/05/2026 | Date the Form 4 was signed and filed |
Keywords
Chord Energy, CHRD, Insider Sale, Form 4, Lara J Kroll, SVP Chief Accounting Officer, Stock Sale, 10b5-1 Plan
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