[Form 4] Permian Resources Corporation Insider Trading Activity
Shannon Robert Regan, EVP and Chief Accounting Officer of Permian Resources Corporation (PR), reported transactions dated 09/02/2025. The filing shows a sale of 4,742 Class A common shares at a weighted average price of $14.2168 to satisfy tax withholding upon the vesting of a restricted stock award. Following that sale the reporting person beneficially owned 91,805 shares. On the same date Regan was awarded 38,787 restricted shares (no cash price), bringing beneficial ownership to 130,592 shares after the grant. The restricted award vests in three equal annual installments beginning September 2, 2026. The Form 4 was signed by an attorney-in-fact on 09/04/2025.
- Receipt of 38,787 restricted shares aligns executive compensation with long-term retention through three-year vesting
- Transparent disclosure including weighted-average sale price and willingness to provide per-price sale details upon request
- Sale of 4,742 shares to cover taxes reduced immediate direct holdings (reported as a mandatory sell-to-cover)
- No information on total company share count or percentage ownership, limiting assessment of materiality
Insights
TL;DR: Routine equity compensation reporting; sale was a mandatory sell-to-cover tied to vesting, not a discretionary liquidation.
The Form 4 documents standard executive equity administration: a restricted stock award granted and the mandatory sale of a portion to satisfy tax obligations upon vesting. The grant vests over three years beginning September 2, 2026, which aligns executive incentives with multi-year retention. Reporting is timely and includes weighted-average sale price disclosure and an undertaking to provide per-price details if requested.
TL;DR: Neutral impact on outstanding shares; transactions are internal compensation mechanics rather than open-market exits.
The sale of 4,742 shares was executed as a mandatory sell-to-cover at prices ranging from $14.085 to $14.415; the weighted average price is reported. The registrant’s outstanding beneficial ownership for the reporting person increases after the grant, from 91,805 to 130,592 shares. These movements reflect compensation-related share issuance and tax withholding, not an independent liquidity event by the officer.