PRIMEENERGY (PNRG) director Clint Hurt sells 10,000 shares, retains 93,737
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Clint Hurt of PRIMEENERGY RESOURCES CORP reported an open-market sale of 10,000 shares of common stock at $230.92 per share. After this sale, he reports ownership of 93,737 shares, including 300 direct shares and 93,437 indirect shares held by Clint Hurt and Associates, a privately controlled company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($2,309,200)
Net Sell
1 txn
Insider
HURT CLINT
Role
null
Sold
10,000 shs ($2.31M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $230.92 | $2.31M |
Holdings After Transaction:
Common Stock — 93,737 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 10,000 shares
Sale price: $230.92 per share
Shares owned after sale: 93,737 shares
+2 more
5 metrics
Shares sold
10,000 shares
Open-market sale of common stock on 2026-04-24
Sale price
$230.92 per share
Price for the 10,000 common shares sold
Shares owned after sale
93,737 shares
Total beneficial ownership following the transaction
Direct shares after sale
300 shares
Direct holdings with sole voting and investment power
Indirect shares after sale
93,437 shares
Held of record by Clint Hurt and Associates
Key Terms
open-market sale, beneficial ownership, indirect shares, sole voting and investment power
4 terms
open-market sale financial
"reported an open-market sale of 10,000 shares of common stock at $230.92"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
beneficial ownership financial
"After the reported sale, Clint Hurt reports beneficial ownership of 93,737 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.
sole voting and investment power financial
"Includes 300 direct shares as to which Mr. Hurt has sole voting and investment power"
FAQ
What did PRIMEENERGY RESOURCES CORP (PNRG) director Clint Hurt report in this Form 4?
Director Clint Hurt reported an open-market sale of 10,000 shares of PRIMEENERGY RESOURCES CORP common stock at $230.92 per share. The filing also shows he continues to hold 93,737 shares, combining direct and indirect ownership after the transaction.
What is the nature of Clint Hurt’s indirect ownership in PNRG?
The filing states that 93,437 of the 93,737 shares are held of record by Clint Hurt and Associates, a privately controlled company. These are reported as indirect holdings, while 300 shares are held directly with sole voting and investment power.
Does this PNRG Form 4 involve any derivative securities or option exercises?
No, this Form 4 only reports a non-derivative transaction in common stock. It shows an open-market sale of 10,000 common shares and lists no derivative securities, option exercises, conversions, or related derivative positions in the derivative summary.