STOCK TITAN

Chord Energy (CHRD) director receives 1,524 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sheets Jeffrey Wayne reported acquisition or exercise transactions in this Form 4 filing.

Chord Energy director Jeffrey Wayne Sheets received a grant of 1,524 restricted stock units (RSUs) of common stock. The award was granted at no cash cost per unit and represents stock-based compensation rather than an open-market purchase.

The RSUs may be settled only in shares of common stock on a one-for-one basis and will vest on April 29, 2027, provided he continues to provide services to Chord Energy through that date. After this grant, he directly holds 7,672 shares of common stock.

Positive

  • None.

Negative

  • None.
Insider Sheets Jeffrey Wayne
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,524 $0.00 --
Holdings After Transaction: Common Stock — 7,672 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 1,524 units Award of restricted stock units to director
Grant price per unit $0.00 RSU award price, stock-based compensation
Shares held after transaction 7,672 shares Director’s direct common stock holdings post-grant
RSU vesting date April 29, 2027 Date when RSUs vest if service continues
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs") granted to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"The RSUs will vest on April 29, 2027, so long as the Reporting Person continuously provides services"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sheets Jeffrey Wayne

(Last)(First)(Middle)
1001 FANNIN STREET
SUITE 1500

(Street)
HOUSTON TEXAS 77002

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Chord Energy Corp [ CHRD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/29/2026A1,524A(1)7,672D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an award of restricted stock units ("RSUs") granted to the Reporting Person that may be settled only for shares of common stock on a one-for-one basis. The RSUs will vest on April 29, 2027, so long as the Reporting Person continuously provides services to the Issuer through such vesting date.
Remarks:
/s/ Melissa K. Buce, as attorney-in-fact05/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Jeffrey Wayne Sheets do in this Chord Energy (CHRD) Form 4 filing?

Jeffrey Wayne Sheets reported receiving 1,524 restricted stock units from Chord Energy as stock-based compensation. These units convert one-for-one into common shares once vested, increasing his potential equity stake in the company over time.

How many Chord Energy (CHRD) shares did the director receive and at what price?

The director received 1,524 restricted stock units with an effective price of $0.00 per unit. This indicates a compensation grant rather than a market purchase, providing additional potential shares without an upfront cash payment from the director.

When do the newly granted Chord Energy (CHRD) RSUs vest?

The 1,524 restricted stock units vest on April 29, 2027, if Jeffrey Wayne Sheets continues providing services to Chord Energy through that date. Vesting ties the award to ongoing service, aligning compensation with longer-term involvement at the company.

How many Chord Energy (CHRD) shares does Jeffrey Wayne Sheets hold after this transaction?

Following this award, Jeffrey Wayne Sheets directly holds 7,672 shares of Chord Energy common stock. This figure reflects his reported direct ownership after the RSU grant and helps investors understand the scale of his equity position at the company.

Are the Chord Energy (CHRD) RSUs settled in cash or stock?

The restricted stock units may be settled only for shares of Chord Energy common stock on a one-for-one basis. This means each vested unit converts into one share, reinforcing equity-based compensation rather than a cash payout structure for the director.