Form 4: Permian Resources EVP Reports Stock Transactions

Permian Resources' EVP, General Counsel, John Bell, reported the sale of shares to cover tax obligations and the grant of new restricted stock.

Summary

• John Charles Bell, EVP, General Counsel of Permian Resources Corporation, reported transactions involving Class A Common Stock.
• On September 2, 2025, Mr. Bell sold 4,743 shares at a weighted average price of $14.2112 per share. This sale was mandatory to cover tax withholding obligations related to a restricted stock award vesting and was not a discretionary trade.
• On the same date, Mr. Bell was awarded 38,787 shares of restricted stock at a price of $0.
• Following these transactions, Mr. Bell beneficially owns 146,356 shares of Class A Common Stock directly.
• The newly awarded restricted stock vests in three equal annual installments, commencing on September 2, 2026.

Sentiment

Score: 5

Explanation: The filing reports routine executive compensation activities, including a restricted stock award and a non-discretionary tax-related share sale. These are standard events and do not inherently indicate positive or negative sentiment regarding the company's performance or outlook.

Positives

• Grant of 38,787 shares of restricted stock to EVP, General Counsel John Bell, indicating continued executive alignment with shareholder interests.
• The restricted stock award vests over three years, providing a long-term incentive for executive performance.

Negatives

• Sale of 4,743 shares by EVP, General Counsel John Bell, although this was a non-discretionary "sell to cover" transaction for tax obligations.

Future Outlook

The restricted stock award granted to EVP, General Counsel John Bell is scheduled to vest in three equal annual installments, with the first installment commencing on September 2, 2026.

Management Comments

• The sales were effected through a mandatory 'sell to cover' transaction that did not represent a discretionary trade by the reporting person.
• The Reporting Person undertakes to provide Permian Resources Corporation (the 'Company'), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Industry Context

Form 4 filings are standard disclosures for executive stock transactions, providing transparency into insider holdings and compensation. The "sell to cover" transaction is a common practice for executives receiving equity awards to manage tax liabilities without a discretionary sale of shares. The restricted stock award is a typical component of executive compensation packages, aligning management incentives with long-term company performance.

Stakeholder Impact

• Shareholders: Provides transparency into executive compensation and stock ownership, showing alignment of executive interests with long-term company performance through equity awards. The "sell to cover" is a routine tax event and not a discretionary sale.
• Employees: Reflects standard executive compensation practices within the company.

Next Steps

• The restricted stock award will vest in three equal annual installments starting September 2, 2026.

Key Dates

Keywords

Permian Resources, PR, John Bell, EVP, General Counsel, Form 4, insider transaction, restricted stock, executive compensation, stock award, sell to cover, equity