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Tax-withholding stock sale by Permian Resources (PR) EVP and legal chief

Filing Impact
(Very High)
Filing Sentiment
(Negative)
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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bell John Charles

(Last) (First) (Middle)
C/O PERMIAN RESOURCES CORPORATION
300 N. MARIENFELD ST., SUITE 1000

(Street)
MIDLAND TX 79701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Permian Resources Corp [ PR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/03/2026 S 4,128(1) D $18.7072(2) 1,725,557 D
Class A Common Stock 03/04/2026 S 4,994(1) D $18.2772(3) 1,720,563 D
Class A Common Stock 03/04/2026 S 153,391 D $18.3904(4) 1,567,172 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. 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.
3. 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.
4. 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.
Remarks:
/s/ John Bell 03/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many Permian Resources (PR) shares were sold in John Charles Bell’s latest Form 4?

The Form 4 reports total sales of 162,513 Class A shares. These non-derivative open-market transactions occurred over March 3–4, 2026, in three separate blocks, all designated as sales required to satisfy tax withholding from a restricted stock award vesting event.

Why were John Charles Bell’s Permian Resources (PR) shares sold according to the Form 4?

The shares were sold to cover tax withholding on a restricted stock award. The filing explains the transactions were part of a mandatory “sell to cover” arrangement for tax obligations and did not represent discretionary trading decisions by the reporting executive.

At what prices were Permian Resources (PR) shares sold in John Charles Bell’s Form 4?

The reported weighted average sale prices were around $18–19 per share. Footnotes note multiple trades in ranges, including $18.4850–$19.1000, $18.1400–$18.3750, and $18.2350–$18.5200, with the executive offering to provide detailed breakdowns upon request.

How many Permian Resources (PR) shares does John Charles Bell hold after these transactions?

After the reported sales, John Charles Bell directly holds 1,567,172 shares. The Form 4 lists this post-transaction balance of Class A common stock, reflecting his remaining direct ownership following the tax-related “sell to cover” transactions on March 3–4, 2026.

Were John Charles Bell’s Permian Resources (PR) share sales discretionary trades?

No, the Form 4 states the sales were not discretionary. Footnote disclosure explains the transactions were mandatory “sell to cover” sales solely to satisfy tax withholding on a vesting restricted stock award, rather than elective open-market selling by the executive.
Permian Resources Corp

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14.03B
676.91M
Oil & Gas E&P
Crude Petroleum & Natural Gas
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United States
MIDLAND