Permian Resources (PR) director receives 15,144 restricted shares vesting 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tepper Jeffrey reported acquisition or exercise transactions in this Form 4 filing.
Permian Resources Corp director Jeffrey Tepper reported an equity award on Form 4. He received 15,144 shares of Class A common stock as a grant with no cash paid per share. After this award, he directly holds 165,690 shares of Class A common stock.
The footnotes state this is restricted stock that will vest on May 19, 2027, meaning the shares are subject to vesting conditions until that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tepper Jeffrey
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 15,144 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 165,690 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 15,144 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 165,690 shares
+1 more
4 metrics
Shares granted
15,144 shares
Restricted stock award on May 19, 2026
Grant price per share
$0.0000 per share
Reported transaction price for the award
Shares held after transaction
165,690 shares
Total Class A common stock directly owned after award
Vesting date
May 19, 2027
Restricted stock vesting date from footnote
Key Terms
restricted stock, vests, grant, award, or other acquisition
3 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.
vests financial
"Represents an award of restricted stock that vests on May 19, 2027."
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Permian Resources (PR) director Jeffrey Tepper report?
Jeffrey Tepper reported receiving an award of 15,144 shares of Permian Resources Class A common stock. The award was recorded on Form 4 as a grant-type acquisition with a stated price of $0.0000 per share, indicating no cash payment for the shares.
When does Jeffrey Tepper’s new restricted stock in Permian Resources (PR) vest?
The filing notes that the 15,144-share award represents restricted stock that vests on May 19, 2027. Until that vesting date, the shares are subject to restrictions specified in the award terms, which typically relate to continued service or similar conditions.
What does transaction code "A" mean in the Permian Resources (PR) Form 4 for Jeffrey Tepper?
Transaction code "A" on this Form 4 indicates a grant, award, or other acquisition of stock rather than an open-market purchase. The transaction is classified as an acquisition of 15,144 shares of Class A common stock with a reported price of $0.0000 per share.
Is Jeffrey Tepper’s ownership in Permian Resources (PR) direct or indirect after this award?
The filing specifies that Jeffrey Tepper’s ownership of the 165,690 Class A common shares is direct. The "D" ownership code and direct_or_indirect flag both indicate direct ownership, with no separate entity or indirect holding structure described in the provided footnotes.