Chord Energy (CHRD) Director Douglas E. Brooks Sells 8,000 Shares

What Happened

• Douglas E. Brooks, a director of Chord Energy Corp (CHRD), sold 8,000 shares in an open-market transaction on 2026-08-07.
• The shares were sold at $133.14 each, producing total gross proceeds of $1,065,120. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-08-07
• Price per share: $133.14
• Shares sold: 8,000
• Total proceeds: $1,065,120 (USD)
• Shares owned after transaction: not stated in the provided filing
• Plan/footnotes: filing does not disclose a 10b5-1 plan or tax-withholding note in the supplied data
• Filing timeliness: Form 4 filed with accession 0001548147-26-000014 on 2026-08-07 (same day as the transaction per the report)

Context

• This was an open-market sale by a company director. Sales by insiders can be routine (e.g., portfolio rebalancing, tax needs) and do not by themselves indicate the company's outlook. Purchases typically carry stronger signals of insider confidence. No option exercise, gift, or derivative transaction was reported in the supplied entry.