Form 4: Permian Resources Director Robert Tichio Receives Restricted Stock Award
Insider Transaction Report
Permian Resources Corporation Director Robert M. Tichio was granted 22,424 shares of Class A Common Stock as a restricted stock award, vesting in May 2026.
Summary
- Robert M. Tichio, a Director of Permian Resources Corporation (PR), acquired 22,424 shares of Class A Common Stock.
- The transaction occurred on May 23, 2025.
- The shares were acquired at a price of $0, indicating they were part of a restricted stock award.
- Following this transaction, Mr. Tichio beneficially owns a total of 40,869 shares of Class A Common Stock.
- The awarded restricted stock is scheduled to vest on May 21, 2026.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. While it's a routine disclosure, the award of restricted stock to a director indicates continued alignment of management interests with shareholders and is a standard compensation practice, not indicative of negative company performance or outlook.
Positives
- The award of restricted stock to Director Robert M. Tichio aligns his interests with those of shareholders, as the value of the award is tied to the company's stock performance.
- Restricted stock awards are a common form of executive and director compensation, indicating standard corporate governance practices.
Future Outlook
The restricted stock award is set to vest on May 21, 2026, indicating a future date when the shares will become fully owned by the director.
Industry Context
This filing is a routine disclosure of an insider transaction, common in all publicly traded companies across various industries, including the energy sector where Permian Resources operates. It reflects standard compensation practices for board members.
Stakeholder Impact
- Shareholders: The award aligns the director's financial interests with the company's long-term performance, potentially benefiting shareholders through improved governance and strategic decisions.
- Employees: No direct impact on general employees is indicated by this specific filing.
Next Steps
- The restricted stock award will vest on May 21, 2026, at which point the shares will become fully owned by Robert M. Tichio.
Key Dates
| Date | Description |
|---|---|
| 05/23/2025 | Date of the restricted stock award transaction. |
| 05/28/2025 | Date the Form 4 was signed by the attorney-in-fact for Robert M. Tichio. |
| 05/21/2026 | Vesting date for the awarded restricted stock. |
Keywords
Permian Resources, PR, SEC Form 4, Insider Transaction, Restricted Stock Award, Director Compensation, Equity Grant, Common Stock, Beneficial Ownership
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