Form 4: PrimeEnergy Resources Corp Director Clint Hurt Reports Sale of Shares
SEC Filing
Director Clint Hurt reports the sale of 2,511 shares of PrimeEnergy Resources Corp common stock at a price of $129.18 per share.
Summary
- On August 2, 2024, Clint Hurt, a director of PrimeEnergy Resources Corp, sold 2,511 shares of common stock.
- The sale price was $129.18 per share.
- Following the transaction, Mr. Hurt beneficially owns 140,763 shares of PrimeEnergy Resources Corp.
- This includes 300 direct shares and 140,463 indirect shares held by Clint Hurts and Associates.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of a stock sale by a company director. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company, such as directors or officers, buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The sale of shares by a director may be of interest to shareholders as it provides insight into the director's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of transaction: Sale of common stock. |
| 08/16/2024 | Date of earliest transaction. |
| 08/19/2024 | Date of signature. |
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