Mail Holdings entity tied to Permian Resources (PR) director sells 512,429 shares
Rhea-AI Filing Summary
Permian Resources Corp director-related entity sells shares. An entity controlled by director William J. Quinn, Mail Holdings, L.P., sold 512,429 shares of Permian Resources Class A Common Stock in an open-market transaction at a weighted average price of $19.59 per share. Following this sale, Quinn is reported as indirectly owning 6,914,410 shares through Mail Holdings, L.P. and directly owning 1,018,745 shares, indicating he retains a large equity position in the company after the transaction.
Positive
- None.
Negative
- None.
Insights
Director-linked entity executes sizable but partial share sale.
An entity controlled by director William J. Quinn, Mail Holdings, L.P., sold 512,429 shares of Permian Resources Corp Class A Common Stock at a weighted average of $19.59 per share. The sales occurred across multiple trades between $19.53 and $19.68.
After the sale, Quinn is reported with 6,914,410 indirectly held shares and 1,018,745 directly held shares. This suggests the transaction represents only a portion of his overall exposure, consistent with portfolio or liquidity management rather than an exit.
The filing does not reference derivative exercises, tax withholding, or a Rule 10b5-1 plan, and shows no remaining derivative positions. Subsequent company filings may provide additional context on any future insider trading activity or changes in Quinn’s aggregate holdings.
FAQ
What did Permian Resources (PR) director William J. Quinn report in this Form 4?
How many Permian Resources (PR) shares were sold and at what price range?
Who actually holds the Permian Resources (PR) shares linked to William J. Quinn?
What are William J. Quinn’s Permian Resources (PR) holdings after this transaction?
Was the Permian Resources (PR) insider sale a market trade or something else?
Does the Permian Resources (PR) Form 4 mention any stock options or derivatives?