Dundas Ian C 4

What Happened
Ian C. Dundas, a director of Chord Energy Corp. (CHRD), reported a gift disposition of 72,171 common shares on 2026-06-15. The Form 4 lists the transaction as a gift (transaction code G) at $0.00 per share (total reported cash value $0). The filing was submitted on 2026-06-17.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (timely filing).
• Transaction type/code: Gift (G).
• Shares transferred: 72,171; reported price per share: $0.00; cash amount: $0.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1: Shares were transferred to Dundas Holding Company Ltd., a Canadian limited company formed and controlled by the reporting person and his wife.
  • F2: The reporting person disclaims beneficial ownership of these securities; the report states it should not be taken as an admission of beneficial ownership for Section 16 or any other purpose.

Context
Gifts are transfers that do not necessarily reflect the insider’s view of the company’s prospects and are often used for estate planning or family transfers. Note that although the shares were moved to a holding company the reporting person helped form and that he controls (with his wife), the filer explicitly disclaims beneficial ownership for purposes of the filing.