Brooks Douglas E 4

What Happened

• Douglas E. Brooks, a director of Chord Energy Corp (CHRD), sold a total of 8,000 shares in open-market transactions between May 7 and May 11, 2026, generating approximately $1,099,710 in proceeds. The sales were: 3,000 shares on 2026-05-07 at a weighted average price of $137.79 ($413,370); 3,500 shares on 2026-05-08 at $136.71 ($478,485); and 1,500 shares on 2026-05-11 at $138.57 ($207,855). These were sales (dispositions), which are typically routine insider selling rather than a buy signal.

Key Details

• Transaction dates and reported prices:
  • 2026-05-07: 3,000 shares, $137.79 weighted avg (actual prices ranged $137.74–$137.91) [F1]
  • 2026-05-08: 3,500 shares, $136.71 weighted avg (actual prices ranged $136.55–$137.10) [F3]
  • 2026-05-11: 1,500 shares, $138.57
• Total shares sold: 8,000; total proceeds: ~$1,099,710.
• Shares owned after the transactions: not provided in the supplied summary of the filing.
• Footnotes: F1/F3 note weighted-average pricing with per-share price ranges; F2 states the seller or company will provide full breakdown of quantities at each price upon request to the SEC or shareholders.
• Filing: Report filed with an accession date of 2026-05-11 covering transactions dated May 7–11, 2026.

Context

• These were open-market sales (code S) by a director. Sales do not necessarily indicate a change in view of the company’s prospects—insiders sell shares for many reasons (diversification, liquidity, tax planning). No option exercises, awards, or gifts are indicated in this filing.