STOCK TITAN

Permian Resources (PR) CFO executes mandatory tax sell-to-cover stock transactions

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Permian Resources Corp executive Guy M. Oliphint reported mandatory stock sales tied to tax withholding on vested equity awards. On March 3, he sold 6,412 Class A shares at a weighted average price of $18.6839 per share. On March 4, he sold another 4,999 shares at a weighted average price of $18.2811 per share. The footnotes state these were automatic “sell to cover” transactions required to satisfy tax obligations, not discretionary trades. After these sales, he directly held 605,272 Class A common shares.

Positive

  • None.

Negative

  • None.

Insights

Routine tax-related sales by PR’s CFO to cover withholding on vesting.

Permian Resources EVP and CFO Guy M. Oliphint sold a total of 11,411 Class A shares across two days. Footnotes clarify these were mandatory “sell to cover” transactions for tax withholding on restricted stock vesting, not discretionary open-market selling for portfolio reasons.

The weighted average sale prices were $18.6839 on March 3 and $18.2811 on March 4, within stated intraday ranges. Following the sales, he still directly owns 605,272 shares, indicating a substantial continuing equity stake. Overall, this appears as a standard administrative equity-compensation event rather than a thesis-changing signal.

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*
Oliphint Guy M

(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, Chief Financial Officer
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 6,412(1) D $18.6839(2) 610,271 D
Class A Common Stock 03/04/2026 S 4,999(1) D $18.2811(3) 605,272 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 $18.4800 to $19.1000. The reporting person undertakes to provide Permian Resources 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 $18.385. 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.
Remarks:
/s/ John Bell, Attorney-in-Fact 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 insider activity did Permian Resources (PR) disclose for Guy M. Oliphint?

Permian Resources disclosed that EVP and CFO Guy M. Oliphint sold 11,411 Class A shares in early March. The transactions were tied to tax withholding on restricted stock vesting and executed as mandatory “sell to cover” sales, not discretionary trades for investment purposes.

How many Permian Resources shares did the CFO sell and at what prices?

The CFO sold 6,412 Class A shares at a weighted average of $18.6839 on March 3 and 4,999 shares at $18.2811 on March 4. Footnotes note intraday price ranges around these averages for the multiple trade executions.

Why did Permian Resources’ CFO sell shares in this Form 4 filing?

According to the footnotes, the sales were required to cover tax withholding obligations from a restricted stock award vesting. They were processed as mandatory “sell to cover” transactions, meaning they were administrative and did not represent discretionary investment decisions by the executive.

How many Permian Resources shares does the CFO hold after these transactions?

After completing the tax-related sales, the CFO directly holds 605,272 shares of Permian Resources Class A common stock. This remaining position indicates he continues to have significant equity exposure to the company following the reported Form 4 transactions.

Were the Permian Resources insider sales executed at a single price or over a range?

The filing reports weighted average prices, with footnotes explaining each day’s sales occurred in multiple trades within specified ranges. For March 3, trades ranged from $18.48 to $19.10, and for March 4 from $18.14 to $18.385, producing the reported averages.

Does the Form 4 suggest discretionary selling by Permian Resources’ CFO?

The Form 4 footnotes state the transactions were mandatory “sell to cover” sales to satisfy tax withholding on vesting restricted stock. This language indicates the activity was administrative in nature rather than discretionary market selling based on the executive’s investment view.
Permian Resources Corp

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Oil & Gas E&P
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United States
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