Permian Resources director sells 50,000 shares
Permian Resources Corp director Jeffrey Tepper reported an open-market sale of Class A common stock.
Rhea-AI Filing Summary
Permian Resources Corp director Jeffrey Tepper reported an open-market sale of Class A common stock. He sold 50,000 shares at a weighted average price of $19.375 per share, with individual trades ranging from $19.360 to $19.405. After this transaction, he directly holds 150,546 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares
Net Sell
1 txn
Insider
Tepper Jeffrey
Role
Director
Sold
50,000 shs ($969K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 50,000 | $19.375 | $969K |
Holdings After Transaction:
Class A Common Stock — 150,546 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.360 to $19.405. The reporting person undertakes to provide to Permian Resources Corporation (the "Company"), any security holder of the Company, or staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Permian Resources Corp (PR) disclose for Jeffrey Tepper?
Permian Resources Corp reported that director Jeffrey Tepper sold 50,000 shares of Class A common stock in an open-market transaction at a weighted average price of $19.375 per share, leaving him with 150,546 shares directly held after the sale.
Was Jeffrey Tepper’s Permian Resources (PR) stock sale a single trade or multiple trades?
The sale was executed as multiple trades. The Form 4 notes that the reported $19.375 price is a weighted average, with shares sold in several transactions at prices ranging from $19.360 to $19.405 per share on the same transaction date.
What role does Jeffrey Tepper hold at Permian Resources (PR)?
Jeffrey Tepper is identified as a director of Permian Resources Corp. His Form 4 filing reflects a board-level insider transaction, specifically an open-market sale of 50,000 shares of Class A common stock, with 150,546 shares remaining in his direct ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.