A Form 4 filed on November 2, 2026 reported that Michael H. Lou, President and Chief Executive Officer of Chord Energy Corp (NASDAQ:CHRD), was granted 6,543 Restricted Stock Units on October 29, 2026 in connection with his appointment to that role.

Key Highlights

  • Grant date: October 29, 2026, the date of the earliest reported transaction.
  • RSUs awarded: 6,543 Restricted Stock Units acquired under transaction code A.
  • Grant basis: According to the filing, the RSUs were granted in connection with Lou's appointment as President and Chief Executive Officer pursuant to the issuer's LTIP.
  • RSU terms: Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock, as stated in the filing.
  • Beneficial ownership after transaction: 79,242 shares of Common Stock held directly following the reported transaction.
  • Signatory: The form was signed by Melissa K. Buce as attorney-in-fact on November 2, 2026.

RSU Grant to Chord Energy's Incoming President and CEO Under Company LTIP

According to the Form 4 filed with the SEC, Michael H. Lou, identified as President and Chief Executive Officer of Chord Energy Corp, received a grant of 6,543 Restricted Stock Units on October 29, 2026. The filing states that the grant was made "in connection with his appointment as President and Chief Executive Officer pursuant to the Issuer's LTIP." No price per unit is listed for the acquisition, consistent with an award rather than a purchase.

The filing records the transaction in Table I as non-derivative securities acquired, using transaction code A, indicating an acquisition. Each RSU represents a contingent right to receive one share of Common Stock, as described in the filing's footnote. Following the reported transaction, Lou is listed as directly and beneficially owning 79,242 shares of Chord Energy Common Stock.

No derivative securities transactions were reported in Table II. The Form 4 was filed by one reporting person and was signed by Melissa K. Buce as attorney-in-fact on November 2, 2026. Lou's address on file is 1001 Fannin Street, Suite 1500, Houston, Texas 77002.

What Was Disclosed

Chord Energy Corp (NASDAQ:CHRD) filed a Form 4 disclosing that President and CEO Michael H. Lou received 6,543 RSUs on October 29, 2026 under the company's LTIP, bringing his direct beneficial ownership of Common Stock to 79,242 shares.