EVP/CSO/CCO Lou Michael H sells 15,000 CHRD shares for $1.9M at $125.47 avg; stock now at 52-week high $126.37
Lou Michael H executed 2 separate sales totaling 15,000 shares for $1,882,017.48 on 2026-03-12 at a blended average price of $125.47. The current price of $126.37 is at the 52-week high, and the stock has advanced 23.9% over 30 days and 37.7% over 90 days—a period of significant momentum. His holding remains substantial at 82.7K shares post-transaction. Notably, his same-ticker history at CHRD shows 2 prior sales (2024-01-04 and 2023-08-08) with 90-day returns of +7.5% and +3.9% respectively, meaning the stock rallied after both prior exits; neither sale was well-timed at the 90-day mark. Given the current technical position (52-week high) and recent positive momentum, this sale occurs in a strong price environment, but the pattern of prior sales followed by further gains suggests his historical exit timing at this ticker has not captured downside protection.