Permian Resources CFO sells 5,103 shares for taxes
Permian Resources’ CFO reported a mandatory tax-related share sale and a multi‑year restricted stock unit grant tied to continued employment.
Rhea-AI Filing Summary
Permian Resources Corp (PR) executive vice president and chief financial officer Guy M. Oliphint reported two equity-related events. On September 3, 2026, he sold 5,103 shares of Class A common stock at a weighted average price of $23.7526 in a mandatory “sell to cover” transaction to satisfy tax withholding on a vesting restricted stock award, and held 537,400 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 and settleable in stock, cash, or a combination at the issuer’s discretion.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 5,103 | $23.7526 | $121K |
| 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 (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
sell to cover financial
Restricted Stock Unit financial
weighted average price financial
contingent right financial
FAQ
What insider transactions did Permian Resources (PR) report for CFO Guy M. Oliphint?
What are the terms of the Permian Resources (PR) restricted stock units granted to the CFO?
What does each restricted stock unit represent for Permian Resources (PR) CFO?
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