Lou Michael H 4

What Happened
Lou Michael, Executive Vice President, Chief Strategy Officer and Chief Commercial Officer of Chord Energy (CHRD), sold a total of 15,000 shares on March 12, 2026 in open-market transactions. The filing shows two disposals: 14,503 shares at a weighted average price of $125.44 ($1,819,256) and 497 shares at $126.28 ($62,761), for aggregate proceeds of about $1,882,017. These were sales (liquidity events), not purchases.

Key Details

• Transaction date: March 12, 2026; Form 4 filed March 16, 2026 (filed within the standard 2-business-day reporting window).
• Reported prices:
  • 14,503 shares — weighted avg $125.44 (individual sale prices ranged $125.16–$125.97) [Footnote F1].
  • 497 shares — weighted avg $126.28 (individual sale prices ranged $126.28–$126.30) [Footnote F3].
• Aggregate shares sold: 15,000; aggregate proceeds ≈ $1,882,017.
• Post-transaction holdings: not specified in the data you provided on this filing.
• Footnotes: F2 notes the Commission or parties can request the full breakdown of shares sold at each separate price; F1/F3 explain weighted-average pricing across same-day trades.
• Transaction code: S = Sale (open market or private sale as reported).

Context
Sales by officers are often routine liquidity transactions and do not, by themselves, indicate a change in company outlook. This filing reports straightforward sales of existing shares (not option exercises, grants, or gifts). If you want holdings after the sale or a breakdown of each individual trade price, that information can be requested from the Commission or Chord Energy per the filing footnote.