Form 4: Director Steven D. Gray Receives Permian Resources Equity

Director Steven D. Gray acquired 22,350 shares of Permian Resources Corporation common stock via a restricted stock award.

Summary

• Director Steven D. Gray was granted 22,350 shares of Class A Common Stock.
• The transaction occurred on May 19, 2026.
• The shares were acquired at a price of $0 as part of a restricted stock award.
• Following this transaction, the director's total beneficial ownership is 252,880 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Increased equity alignment between the director and shareholders.
• The award indicates ongoing commitment from a member of the board.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The restricted stock award is scheduled to vest on May 19, 2027.

Industry Context

StockSavvy.ai notes that equity-based compensation for directors is a standard corporate governance practice in the energy sector to ensure long-term alignment with shareholder interests.

Comparison to Industry Standards

• The grant of restricted stock units to non-employee directors is consistent with standard compensation practices for mid-to-large cap energy companies.
• The vesting period of one year is typical for director equity awards in the oil and gas industry.

Stakeholder Impact

• Shareholders benefit from increased alignment of director interests with company performance.

Next Steps

• Vesting of the 22,350 restricted shares on May 19, 2027.

Key Dates

Keywords

Permian Resources, PR, Insider Trading, Form 4, Director Compensation, Equity Award