Permian Resources (PR) Co-CEO Walter James H sells 673K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Permian Resources Corp director and Co-CEO Walter James H reported an open-market sale of 673,425 shares of Class A common stock on March 4, 2026. The weighted average sale price was $18.3798 per share, with individual trades between $18.2350 and $18.5250.
After this sale, he directly owned 9,389,405 shares of Class A common stock. The filing also shows 2,989,989 shares held indirectly through an investment partnership, Bedford Family Partners, L.P., which is controlled by him.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 673,425 shares ($12,377,417)
Net Sell
2 txns
Insider
Walter James H
Role
Co-Chief Executive Officer
Sold
673,425 shs ($12.38M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 673,425 | $18.3798 | $12.38M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 9,389,405 shares (Direct);
Class A Common Stock — 2,989,989 shares (Indirect, By Investment Partnership)
Footnotes (1)
- 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 $18.5250. The reporting person undertakes to provide to Permian Resources Corporation (the "Company"), any security holder of the Company, or staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Securities held directly by the Bedford Family Partners, L.P., an investment partnership controlled by the reporting person.
FAQ
What insider transaction did Permian Resources Corp (PR) report for Walter James H?
Permian Resources reported that Co-CEO and director Walter James H sold 673,425 shares of Class A common stock in an open-market transaction. The sale occurred on March 4, 2026, and was disclosed in a Form 4 insider trading report filed with regulators.
Was the Permian Resources (PR) insider sale a market transaction?
Yes. The Form 4 describes the transaction as an open-market sale of Class A common stock. The weighted average price and the detailed price range from $18.2350 to $18.5250 indicate the shares were sold in multiple trades on the public market.
What does the Form 4 say about Walter James H’s indirect holdings in Permian Resources (PR)?
The filing notes 2,989,989 Class A shares held indirectly by Bedford Family Partners, L.P. It describes this entity as an investment partnership controlled by Walter James H, indicating those shares are attributed to him as indirect beneficial ownership.