Form 4: PrimeEnergy Resources Corp Director Clint Hurt Sells Shares
SEC Form 4 Filing
Director Clint Hurt sold 874 shares of PrimeEnergy Resources Corp (PNRG) on April 24, 2024.
Summary
- On April 24, 2024, Clint Hurt, a director of PrimeEnergy Resources Corp (PNRG), sold 874 shares of common stock.
- The sale price was $100 per share.
- Following the transaction, Mr. Hurt beneficially owns 145,763 shares of PrimeEnergy Resources Corp.
- This includes 300 direct shares and 145,463 indirect shares held by Clint Hurts and Associates.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction by a company insider; it doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although the relatively small number of shares sold may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of transaction: Clint Hurt sold 874 shares of PNRG. |
| 04/25/2024 | Date of signature on the Form 4 filing. |
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