Robuck Richard N 4
4 · Chord Energy Corp · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Chord Energy (CHRD) CFO Richard Robuck Sells 5,000 Shares
What Happened
Richard N. Robuck, EVP, Chief Financial Officer and Treasurer of Chord Energy Corp (CHRD), reported an open-market sale of 5,000 common shares on 2026-03-13. The reported weighted-average sale price was $121.75 per share, for aggregate proceeds of approximately $608,750. This was a sale (not a purchase or option exercise), which is commonly routine insider selling and does not by itself indicate company prospects.
Key Details
- Transaction date: 2026-03-13 (reported on Form 4 filed 2026-03-16; filing appears timely).
- Transaction type/code: Open-market sale (S).
- Shares sold: 5,000; weighted-average price: $121.75; total proceeds: ~$608,750.
- Price range (footnote): actual sale prices ranged from $121.72 to $121.92 per share (multiple same-day trades).
- Footnote availability: Additional breakdown of shares sold at each price is available upon request to the SEC staff or Chord Energy (per filing footnote).
- Shares owned after transaction: Not specified in the provided excerpt—see the full Form 4 for post-transaction holdings.
Context: This was a direct sale of existing shares by a company executive. Sales by insiders are often routine (diversification, taxes, personal liquidity) and do not necessarily reflect management’s view of future company performance. For a fuller picture, check other recent insider trades, any 10b5-1 plans noted on the full filing, and the insider’s remaining holdings reported on the complete Form 4.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-13$121.75/sh−5,000$608,750→ 29,101 total
Footnotes (2)
- [F1]Represents a weighted average price of open market same day sales. Sales of shares took place in multiple transactions at actual prices ranging from $121.72 to $121.92 per share, inclusive.
- [F2]Full information regarding the number of shares sold at each separate price will be provided upon request by the Commission staff, Chord Energy Corporation, or a Chord Energy Corporation shareholder.