Form 4: Permian Resources Director Jeffrey Tepper Acquires Restricted Stock

Director Jeffrey Tepper of Permian Resources Corp. reports acquisition of 18,902 shares of Class A Common Stock as a restricted stock award.

Summary

• Jeffrey Tepper, a director of Permian Resources Corp., reported a transaction on May 22, 2024.
• Tepper acquired 18,902 shares of Class A Common Stock as a restricted stock award.
• The shares were acquired at a price of $0.
• Following the transaction, Tepper beneficially owns 177,567 shares of Class A Common Stock directly.
• The restricted stock vests on May 22, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of restricted stock by a director is generally viewed as a positive sign, but it's a routine event.

Positives

• The acquisition of restricted stock by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in the oil and gas industry where equity compensation is frequently used.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.

Key Dates