Michael H. Lou - 16 Feb 2024 Form 4 Insider Report for Chord Energy Corp (CHRD)

Signature
/s/ Melissa K. Buce, as attorney-in-fact
Issuer symbol
CHRD
Transactions as of
16 Feb 2024
Transactions value $
-$495,000
Form type
4
Filing time
16 Feb 2024, 21:21:31 UTC
Previous filing
02 Feb 2024
Next filing
22 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHRD Common Stock Sale -$495,000 -3,000 -2.3% $165 128,209 16 Feb 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a rule 10b5-1 trading plan adopted by the Reporting Person on September 14, 2023.