Permian Resources Corp (PR) director receives 14,045-share restricted stock award and reports large indirect stake
Rhea-AI Filing Summary
Quinn William J reported acquisition or exercise transactions in this Form 4 filing.
Permian Resources Corp director William J. Quinn received a grant of 14,045 shares of Class A common stock as restricted stock on August 4, 2026, which vests on May 19, 2027. After this award, he directly holds 1,032,790 shares and indirectly reports 6,914,410 shares through Mail Holdings, L.P., for which he disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 14,045 shares
Net Buy
2 txns
Insider
Quinn William J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 14,045 | $0.00 | $0.00 |
| holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,032,790 shares (Direct);
Class A Common Stock — 6,914,410 shares (Indirect, See footnote)
Footnotes (2)
- F1. Represents an award of restricted stock that vests on May 19, 2027.
- F2. Securities held directly by Mail Holdings, L.P., which is controlled by the reporting person. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein and the filing of the Form 4 shall not be construed as an admission of beneficial ownership of any or all of the reported securities for the purposes of Section 16 or for any other purpose.
Key Figures
Restricted stock award: 14,045 shares of Class A Common Stock
Vesting date of award: May 19, 2027
Direct holdings after award: 1,032,790 shares
+1 more
4 metrics
Restricted stock award
14,045 shares of Class A Common Stock
Awarded to director William J. Quinn on August 4, 2026
Vesting date of award
May 19, 2027
Restricted stock granted to Quinn vests on this date
Direct holdings after award
1,032,790 shares
Class A Common Stock directly held by Quinn following the transaction
Indirect holdings reported
6,914,410 shares
Class A Common Stock held indirectly through Mail Holdings, L.P.
Key Terms
restricted stock, beneficial ownership, pecuniary interest, Section 16
4 terms
restricted stock financial
"Represents an award of restricted stock that vests on May 19, 2027."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
beneficial ownership financial
"The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his pecuniary interest therein"
Section 16 financial
"for the purposes of Section 16 or for any other purpose."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PR director William J. Quinn report on this Form 4?
William J. Quinn reported receiving 14,045 shares of Permian Resources Class A common stock as a restricted stock award on August 4, 2026. The award is compensation, carries no stated cash purchase price, and increases his reported direct holdings in the company.
When does William J. Quinn’s new restricted stock in PR vest?
The 14,045 restricted shares granted to William J. Quinn vest on May 19, 2027. Until vesting, the award typically remains subject to forfeiture conditions, after which the shares become fully owned subject to any applicable company or regulatory requirements.
What indirect holdings in PR are reported for William J. Quinn?
The filing lists 6,914,410 shares of Permian Resources Class A common stock held indirectly through Mail Holdings, L.P.. Quinn controls this entity but disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in the partnership.
Is Quinn’s PR restricted stock award reported under a Rule 10b5-1 trading plan?
The Form 4 does not indicate that the August 4, 2026 restricted stock award was made under a Rule 10b5-1 trading plan. The document-level 10b5-1 checkbox is not marked as an affirmative plan-based transaction for this award.
What role does Mail Holdings, L.P. play in William J. Quinn’s PR ownership?
Mail Holdings, L.P. holds 6,914,410 PR shares and is described as being controlled by Quinn. He disclaims beneficial ownership of these securities except for his pecuniary interest, meaning the economic stake he has in that partnership’s holdings.