May 28, 2024 · Form 4 insider transaction
Larson Gregory M. bought 5,660 shares of Chesapeake Energy Corporation, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Each performance share unit represents a contingent right to receive a range from zero to two shares of Chesapeake common stock, depending on the achievement of volume weighted average stock prices over the applicable performance period. Effective 5/28/2024, the Reporting Person was entitled to receive 5,660 shares of common stock (before tax withholding obligations).