CUNNINGHAM SUSAN M 4
4 · Chord Energy Corp · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
Chord Energy (CHRD) Director Susan Cunningham Receives RSU Award
What Happened
Susan M. Cunningham, a director of Chord Energy Corp (CHRD), received a grant of 2,134 restricted stock units (RSUs) on April 29, 2026 (transaction code A – award/grant). The RSUs are not a cash sale or purchase and carry no reported per-share price or immediate cash value in the filing. They are eligible to convert one-for-one into common shares upon vesting.
Key Details
- Transaction date: 2026-04-29; Form 4 filed: 2026-05-01 (timely filing).
- Grant size: 2,134 RSUs; price: N/A (award, not a purchase).
- Vesting: RSUs vest on April 29, 2027, subject to continuous service through that date (per footnote).
- Shares owned after transaction: not specified in the filing.
- Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding, or sale noted in this filing.
Context
RSUs are a form of equity compensation that convert to common stock upon vesting; they do not represent immediately tradable shares or realized proceeds until vested/settled. This grant appears to be routine director compensation rather than an open-market purchase or sale.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-29+2,134→ 16,575 total
Footnotes (1)
- [F1]Represents an award of restricted stock units ("RSUs") granted to the Reporting Person that may be settled only for shares of common stock on a one-for-one basis. The RSUs will vest on April 29, 2027, so long as the Reporting Person continuously provides services to the Issuer through such vesting date.