Form 4: Permian Resources Director Receives Equity Grant
Statement of Changes in Beneficial Ownership
Director Maire A. Baldwin acquired 15,022 shares of Permian Resources Corporation common stock via a restricted stock award.
Summary
- Director Maire A. Baldwin was granted 15,022 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 303,062 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of immediate market impact.
Positives
- Increased equity alignment between the director and shareholders.
Negatives
- None.
Risks
- The restricted stock is subject to vesting requirements, meaning the director does not have immediate full ownership until May 19, 2027.
Future Outlook
The restricted stock award is scheduled to vest on May 19, 2027.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to align board member interests with long-term shareholder value in the energy sector.
Comparison to Industry Standards
- The grant of restricted stock to non-employee directors is a common practice among S&P 500 and energy sector companies to ensure retention and alignment.
- The vesting period of one year is consistent with standard industry compensation structures for board members.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Grant of restricted stock to Director Maire A. Baldwin. | 05/19/2026 | Increases director's stake in the company, aligning interests with shareholders. |
Stakeholder Impact
- Shareholders benefit from increased alignment of director interests with company performance.
Next Steps
- Vesting of the 15,022 restricted shares on May 19, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/19/2026 | Date of the restricted stock award transaction. |
| 05/21/2026 | Date the Form 4 was filed with the SEC. |
| 05/19/2027 | Vesting date for the restricted stock award. |
Keywords
Permian Resources, PR, Insider Trading, Form 4, Equity Compensation, Director Ownership
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