Kroll Lara J 4
Research Summary
AI-generated summary
Chord Energy (CHRD) SVP Lara Kroll Withholds 193 Shares for Taxes
What Happened
- Lara J. Kroll, SVP & Chief Accounting Officer of Chord Energy Corp (CHRD), had 193 shares of common stock withheld to satisfy tax withholding obligations in connection with the vesting/settlement of restricted stock units. The shares were valued at $104.99 each, totaling approximately $20,263. This was a tax-withholding disposal (transaction code F), not an open-market sale.
Key Details
- Transaction date: February 20, 2026 (reported on Form 4 filed February 23, 2026).
- Price per share: $104.99; shares withheld: 193; total value: ~$20,263.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The company withheld shares that would otherwise have been issued to satisfy tax withholding; the number withheld was determined using the closing price on February 19, 2026.
- Filing timeliness: Form 4 filed Feb 23, 2026; the filing itself does not indicate a late filing.
Context
- This transaction is a routine tax-withholding event tied to RSU vesting (a non-cash, internal disposition) rather than a discretionary sale. Tax-withholdings are common and do not necessarily signal the insider’s view on the company’s stock. Transaction code F denotes shares withheld to cover tax liabilities.