Chord Energy Corp·4

Mar 9, 5:34 PM ET

Brooks Douglas E 4

Research Summary

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Chord Energy (CHRD) Director Douglas E. Brooks Sells 2,126 Shares

What Happened
Douglas E. Brooks, a director of Chord Energy Corp (CHRD), sold 2,126 shares in open-market transactions on March 6, 2026. The weighted average sale price was $120.28 per share, producing gross proceeds of approximately $255,715. This was a sale (not a purchase or award), which is commonly routine insider selling and does not by itself indicate company performance.

Key Details

  • Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-09). Transaction code: S (sale).
  • Price: weighted average $120.28 per share; actual trade prices ranged from $120.20 to $120.48 (multiple same-day sales). (See footnote F1.)
  • Shares sold: 2,126; gross proceeds ≈ $255,715.
  • Shares owned after transaction: not disclosed in the provided filing.
  • Footnotes: F1 explains the weighted average and price range; F2 states detailed per-trade quantities/prices are available on request to the SEC, the company, or a shareholder.
  • Timeliness: Form 4 was filed March 9 covering a March 6 trade (filing date provided in the report).

Context
This was an open-market sale by a director. Sales by insiders are often routine (tax planning, portfolio rebalancing, diversification, or other personal reasons) and should not be taken alone as a signal about company fundamentals. Retail investors may weigh this alongside other insider activity, company results, and market factors.