Tax-withholding stock sale by Permian Resources (PR) EVP and legal chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Permian Resources Corp executive John Charles Bell reported mandatory stock sales to cover taxes. On March 3–4, 2026, he sold a total of 162,513 shares of Class A common stock in open-market transactions tied to the vesting of a restricted stock award.
The filing states these were automatic “sell to cover” trades for tax withholding, not discretionary sales. Weighted average prices ranged around $18–19 per share, and Bell directly held 1,567,172 shares after the reported transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 162,513 shares ($2,989,422)
Net Sell
3 txns
Insider
Bell John Charles
Role
EVP, General Counsel
Sold
162,513 shs ($2.99M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,994 | $18.2772 | $91K |
| Sale | Class A Common Stock | 153,391 | $18.3904 | $2.82M |
| Sale | Class A Common Stock | 4,128 | $18.7072 | $77K |
Holdings After Transaction:
Class A Common Stock — 1,720,563 shares (Direct)
Footnotes (1)
- 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.4850 to $19.1000. The reporting person undertakes to provide Permian Resource Corporation (the "Company"), any security holder of the Company, or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.1400 to $18.3750. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.2350 to $18.5200. The reporting person undertakes to provide to the Company, any security holder of the Company, or staff of the the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What did Permian Resources (PR) executive John Charles Bell report in this Form 4?
John Charles Bell reported mandatory sales of Permian Resources Class A shares. The Form 4 shows open-market transactions on March 3–4, 2026, executed to cover tax withholding obligations arising from the vesting of a restricted stock award, rather than discretionary selling activity.