Brooks Douglas E 4
4 · Chord Energy Corp · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
Chord Energy Director Brooks Douglas Receives RSU Award
What Happened Brooks Douglas, a director of Chord Energy Corp (CHRD), received an award of 1,524 restricted stock units (RSUs) on April 29, 2026. The filing lists the acquisition as an award (code A) and shows no per-share price or immediate cash value (price: N/A). The RSUs will settle one-for-one into common shares if they vest.
Key Details
- Transaction date: 2026-04-29 (reported on Form 4 filed 2026-05-01)
- Transaction type: Award/Grant (code A) of 1,524 RSUs; price listed as N/A
- Vesting/settlement: RSUs settle one-for-one for common stock and vest on April 29, 2027, subject to continued service (see footnote F1)
- Shares owned after transaction: Not specified in the filing
- Filing timeliness: Reported on May 1, 2026; appears to be filed within the usual two-business-day Form 4 window
Context RSUs are a form of compensation rather than an open-market purchase or sale. They represent a future right to receive shares if vesting conditions are met (here, continued service through 4/29/2027). Such awards are common for executives and directors and do not by themselves indicate buying or selling sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-04-29+1,524→ 26,705 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.