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Chord Energy Corp·4

May 1, 5:04 PM ET

CUNNINGHAM SUSAN M 4

Research Summary

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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.