McCarthy Kevin S 4

What Happened

• Kevin S. McCarthy, a director of Chord Energy Corp (CHRD), received an award of 1,524 restricted stock units (RSUs) on April 29, 2026. The RSUs are not associated with an acquisition price (reported as N/A) and will convert one-for-one into common shares when settled. This is an award/grant rather than a purchase or sale, so it does not represent an immediate cash transaction or market trade.

Key Details

• Transaction date: April 29, 2026; Form 4 filed May 1, 2026 (appears timely under Section 16 reporting rules).
• Shares/units granted: 1,524 RSUs; price reported as N/A (typical for RSU grants).
• Vesting/settlement: RSUs vest on April 29, 2027 and are settled one-for-one for common stock, subject to continuous service through the vesting date (see footnote).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The award represents RSUs that may be settled only for shares on a one-for-one basis and require continuous service through the April 29, 2027 vesting date.

Context

• RSU grants are a common form of equity compensation for executives and directors; they vest over time and convert to shares only upon vesting, so they do not reflect an immediate buy or sell decision.
• The economic value to the insider will depend on CHRD’s share price at settlement; this grant primarily ties future compensation to company share performance and continued service.