PrimeEnergy director sells $399K in stock
Director Clint Hurt disclosed an open-market sale of 1,800 PNRG shares, leaving him with reported beneficial ownership of 79,937 shares including indirect holdings.
Rhea-AI Filing Summary
PRIMEENERGY RESOURCES CORP (PNRG) director Clint Hurt reported selling 1,800 shares of common stock on September 2, 2026 at $221.52 per share in an open-market or private transaction. After this sale, he reported beneficial ownership of 79,937 shares, including 300 shares held directly and 79,637 shares held indirectly through Clint Hurt and Associates. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,800 shares
Net Sell
1 txn
Insider
HURT CLINT
Role
Director
Sold
1,800 shs ($399K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK F1 | 1,800 | $221.52 | $399K |
Holdings After Transaction:
COMMON STOCK — 79,937 shares (Direct)
Footnotes (1)
- F1. Includes 300 direct shares as to which Mr. Hurt has sole voting and investment power and 79,637 indirect shares held of record by Clint Hurt and Associates, a privately Controlled company.
Key Figures
Shares sold: 1,800 shares
Sale price per share: $221.52 per share
Transaction value: $398,736
+1 more
4 metrics
Shares sold
1,800 shares
Common stock sale reported for September 2, 2026
Sale price per share
$221.52 per share
Price for the 1,800-share sale on September 2, 2026
Transaction value
$398,736
1,800 shares sold at $221.52 per share
Shares owned after transaction
79,937 shares
Beneficial ownership reported following the September 2, 2026 sale
Key Terms
beneficial ownership, indirect shares, voting and investment power, Rule 10b5-1
4 terms
beneficial ownership financial
"Following the sale, he reported beneficial ownership of 79,937 shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
voting and investment power financial
"has sole voting and investment power and 79,637 indirect shares"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What did PNRG director Clint Hurt report in this Form 4 filing?
He reported a sale of 1,800 shares of PRIMEENERGY RESOURCES CORP common stock on September 2, 2026 at $221.52 per share, characterized as a sale in an open-market or private transaction.
How are Clint Hurt’s indirect PNRG holdings structured?
The filing states that 79,637 shares are held of record by Clint Hurt and Associates, described as a privately controlled company, and that Hurt has sole voting and investment power over 300 direct shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.