Chord Energy Corp·4

Feb 2, 6:18 PM ET

Henke Darrin J. 4

Research Summary

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Updated

Chord Energy EVP Darrin Henke Withholds 215 Shares for Taxes

What Happened

  • Darrin J. Henke, EVP and COO of Chord Energy Corp (CHRD), had 215 shares of common stock withheld to satisfy tax withholding obligations in connection with vested restricted stock units (RSUs). The shares were treated as disposed on 2026-02-01 at $100.24 per share, for a total value of $21,552.
  • This was a tax-withholding disposition (code F), not an open-market sale — a routine administrative action when equity awards vest.

Key Details

  • Transaction date and price: 2026-02-01; 215 shares at $100.24 per share (total $21,552).
  • Filing: Form 4 filed 2026-02-02 for the 2026-02-01 transaction (timely).
  • Shares owned after transaction: not specified in the provided excerpt of the filing.
  • Footnote: The withholding was done in connection with RSU vesting under the 2020 Long Term Incentive Plan. The number of shares withheld was determined using Chord’s closing share price on January 30, 2026 (per filing footnote).

Context

  • Code F transactions are tax-withholding actions tied to award settlement — effectively a cashless sell of a portion of vested shares to cover tax obligations. These are routine and do not necessarily indicate the insider’s market view.