Form 4: Permian Resources Director William J. Quinn Acquires Additional Shares

Director William J. Quinn reports purchasing 750,000 shares of Permian Resources Corp Class A Common Stock in two days.

Summary

• William J. Quinn, a director of Permian Resources Corp, reported the acquisition of Class A Common Stock.
• On March 3, 2025, Quinn purchased 500,000 shares at a weighted average price of $13.0732, with prices ranging from $12.995 to $13.15.
• On March 4, 2025, an additional 250,000 shares were purchased at a weighted average price of $12.3434, with prices ranging from $12.285 to $12.35.
• Following these transactions, Quinn directly owns 812,429 shares and indirectly owns 1,062,429 shares through Mail Holdings, L.P.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive due to the director's significant share purchase, indicating confidence in the company. However, it's a single transaction and needs to be considered in the context of overall market conditions and company performance.

Positives

• Director's purchase of a significant number of shares may signal confidence in the company's future prospects.

Industry Context

Insider buying is often seen as a positive sign, suggesting that those with the most knowledge of the company's prospects are optimistic about its future. However, it's important to consider the size of the purchase relative to the director's existing holdings and the overall market capitalization of the company.

Stakeholder Impact

• Shareholders may view the director's purchase as a positive signal.
• The purchase could potentially increase investor confidence.

Key Dates