Permian Resources EVP sells 5,492 shares for taxes
Permian Resources’ EVP and General Counsel reported a tax-related share sale and a new multi‑year RSU grant.
Rhea-AI Filing Summary
Permian Resources Corp (PR) reported insider activity by John Charles Bell, EVP and General Counsel. On September 3, 2026, he sold 5,492 shares of Class A Common Stock at a weighted average price of $23.7538 per share in a mandatory "sell to cover" transaction to satisfy tax withholding on a vesting restricted stock award, and held 1,561,680 shares directly afterward. On September 1, 2026, he received a grant of 24,306 Restricted Stock Units, each representing a contingent right to one share of Class A Common Stock, vesting in three substantially equal annual installments in 2027, 2028, and 2029.
The RSUs may be settled in stock, cash, or a combination at the issuer’s discretion and do not have a stated conversion price, exercisable date, or expiration date. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 5,492 | $23.7538 | $130K |
| Grant/Award | Restricted Stock Unit F3, F4 | 24,306 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of a restricted stock award. The sales were effected through a mandatory "sell to cover" transaction that did not represent a discretionary trade by the reporting person.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.6800 to $23.8200 inclusive. 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.
- F3. Each Restricted Stock Unit represents a contingent right to receive one share of Class A Common Stock, par value $0.0001 per share ("Common Stock"), of Permian Resources Corporation, the ("Issuer"), if the Reporting Person remains employed with the Issuer at the time in which such units are scheduled to become vested. The Restricted Stock Units may be settled in shares of Common Stock or cash (or a combination thereof), at the Issuer's discretion, and generally do not carry a Conversion Price, Exercisable Date or Expiration Date.
- F4. Represents an award of Restricted Stock Units that vest in three substantially equal annual installments on September 2, 2027, September 5, 2028 and September 4, 2029.
Key Figures
Key Terms
Restricted Stock Unit financial
sell to cover financial
weighted average price financial
tax withholding obligations financial
contingent right financial
FAQ
What insider transactions did Permian Resources (PR) report for John Charles Bell?
What was the sale price in John Charles Bell’s recent PR stock transaction?
What are the terms of the 24,306 RSUs granted to John Charles Bell at PR?
Were John Charles Bell’s PR transactions made under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.