Director Steven D. Gray receives 22,350-share restricted stock award in Permian Resources (PR)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GRAY STEVEN D reported acquisition or exercise transactions in this Form 4 filing.
Permian Resources Corp director Steven D. Gray received an equity grant of 22,350 shares of Class A common stock as compensation. The shares were awarded at no cash cost per share and are structured as restricted stock that vests on May 19, 2027.
Following this grant, Gray directly holds 252,880 shares of Permian Resources Class A common stock. This filing reflects a compensation-related stock award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GRAY STEVEN D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 22,350 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 252,880 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 22,350 shares
Grant price: $0.0000 per share
Shares after grant: 252,880 shares
+1 more
4 metrics
Restricted stock grant
22,350 shares
Award of Class A common stock to director
Grant price
$0.0000 per share
Compensation award, no cash paid by insider
Shares after grant
252,880 shares
Total Class A common stock directly held after transaction
Vesting date
May 19, 2027
Restricted stock award vesting schedule
Key Terms
restricted stock, Class A Common Stock, Grant, award, or other acquisition, Form 4
4 terms
restricted stock financial
"Represents an award of restricted stock that vests on May 19, 2027."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Permian Resources (PR) report for Steven D. Gray?
Permian Resources reported that director Steven D. Gray received a grant of 22,350 shares of Class A common stock. The award is structured as restricted stock and represents compensation rather than an open-market share purchase or sale.
Is the Steven D. Gray Form 4 transaction in PR stock a purchase or a grant?
The Form 4 shows a grant of restricted stock to Steven D. Gray, not an open-market purchase. The 22,350 shares were awarded as compensation at no cash cost per share, subject to a future vesting date.
What does transaction code "A" mean in the Permian Resources (PR) Form 4?
Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition of securities. In this case, it reflects a compensation-related restricted stock award of 22,350 PR shares to director Steven D. Gray.