Kroll Lara J 4

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.