Kroll Lara J 4
4 · Chord Energy Corp · Filed Jan 26, 2026
Research Summary
AI-generated summary of this filing
Chord Energy (CHRD) SVP Lara Kroll Receives Awards; Sells 340 Shares
What Happened Lara J. Kroll, SVP & Chief Accounting Officer of Chord Energy (CHRD), had 340 shares withheld on Jan 22, 2026 to satisfy tax withholding obligations (disposed) — 340 shares x $95.17 = $32,358. On Jan 23, 2026 she received equity awards as part of her annual compensation: 3,170 Restricted Stock Units (RSUs), 634 target Performance Share Units (PSUs, derivative), and 634 target Market Stock Units (MSUs, derivative).
Key Details
- Transaction dates: Jan 22, 2026 (tax withholding/disposition); Jan 23, 2026 (awards granted).
- Sale/withholding: 340 shares withheld at $95.17 per share for $32,358 (code F = tax withholding).
- Awards granted: 3,170 RSUs (each = 1 share on vesting); 634 target PSUs; 634 target MSUs (both are contingent/derivative awards).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: Withheld shares satisfied Kroll’s tax obligation based on the Jan 21, 2026 closing price (F1). RSUs are standard restricted units (F2). PSUs pay 0–200% of target based on 3-year TSR beginning Jan 1, 2026; any earned amount above target is paid in cash rather than shares (F3). MSUs are market-based units tied to cumulative TSR over a 3-year period, capped at 200% of target (F4).
- Filing timeliness: Form 4 filed Jan 26, 2026; this filing date is within the SEC’s two-business-day window for the reported transactions.
Context
- The 340-share disposition was a tax-withholding event (code F), not an open-market sale; it is routine when equity awards vest. The RSUs, PSUs and MSUs are grants (code A) that vest/are measured over multi-year periods and do not represent an immediate market purchase. PSUs/MSUs are performance- and market-based contingents and may pay out as shares or, for excess PSU payouts, in cash per the plan terms.
Insider Transaction Report
Form 4
Kroll Lara J
SVP & Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-01-22$95.17/sh−340$32,358→ 10,944 total - Award
Common Stock
[F2]2026-01-23+3,170→ 14,114 total - Award
Performance Share Units
[F3]2026-01-23+634→ 1,527 total→ Common Stock (634 underlying) - Award
Performance Share Units
[F4]2026-01-23+634→ 2,161 total→ Common Stock (634 underlying)
Footnotes (4)
- [F1]In connection with the vesting and settlement of restricted stock units through the issuance of Issuer's common stock, par value $0.01 per share ("Common Stock") pursuant to the Issuer's 2020 Long Term Incentive Plan, the Issuer withheld Common Stock that would otherwise have been issued to the Reporting Person to satisfy her tax withholding obligations. The number of shares of Common Stock withheld was determined based on the closing price per share of Common stock on January 21, 2026.
- [F2]The Reporting Person was granted 3,170 Restricted Stock Units by the Issuer as part of her ordinary course annual compensation package pursuant to the Issuer's LTIP. Each Restricted Stock Unit represents a contingent right to receive one share Common Stock.
- [F3]The Reporting Person was granted 634 target Performance Share Units ("Target Performance Units") by the Issuer as part of her ordinary course annual compensation package pursuant to the LTIP. Each Performance Share Unit represents a contingent right to receive a number of shares of Common Stock, ranging from zero to 200% of Target Performance Units ("Earned Performance Units"), depending on the Company's total shareholder return ("TSR") over a three-year measurement period beginning January 1, 2026. However, if the number of Earned Performance Units exceeds the number of Target Performance Units, then such excess will be settled in cash rather than Common Stock.
- [F4]The Reporting Person was granted 634 target Market Stock Units ("Target MSUs") by the Issuer as part of her ordinary course annual compensation package pursuant to the LTIP. Each Market Stock Unit represents a contingent right to receive a number of shares of Common Stock equal to the Target MSUs multiplied by a factor reflecting the cumulative TSR over a three-year period beginning January 1, 2026, which factor is based on the Company's ending stock price plus cumulative dividends paid for such period divided by the Company's beginning stock price for such period. The number of Market Stock Units earned by Reporting person shall not exceed 200% of the Target MSUs.
Signature
/s/ Melissa K. Buce, as attorney-in-fact|2026-01-26