DE ROTHSCHILD ROBERT 4
Research Summary
AI-generated summary
PrimeEnergy (PNRG) 10% Owner Robert de Rothschild Sells Shares
What Happened
Robert de Rothschild, reported as a 10% owner of PrimeEnergy Resources Corp (PNRG), sold a total of 20,151 shares in two open-market transactions. On 2026-01-29 he disposed of 10,151 shares at a weighted-average price of $186.19 for $1,890,015; on 2026-01-30 he disposed of 10,000 shares at a weighted-average price of $181.81 for $1,818,100. Total proceeds across both sales were approximately $3,708,115. These were sales (not purchases), which are commonly routine dispositions rather than a bullish signal.
Key Details
- Transaction dates and reported amounts:
- 2026-01-29: 10,151 shares sold, weighted avg price $186.19 — proceeds $1,890,015.
- 2026-01-30: 10,000 shares sold, weighted avg price $181.81 — proceeds $1,818,100.
- Price ranges (per footnotes):
- Jan 29 sales occurred at prices ranging from $183.015 to $187.21 (F1).
- Jan 30 sales occurred at prices ranging from $181.00 to $184.06 (F2).
- Shares owned after transaction: Not stated in the provided filing details.
- Record and ownership note: Shares are held of record by Amrace Inc.; the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest (F3).
- Filing timeliness: Filing date shown is 2026-02-02 for trades on Jan 29–30, 2026; the provided data does not indicate a late-filing flag — check the full SEC filing for any timeliness notation.
Context
As a 10% owner (institutional/large-holder category), these open-market sales reflect disposition of shares by a principal holder rather than an executive grant or option exercise. Footnotes indicate the reported prices are weighted averages over multiple trades; the filer offers to provide detailed per-trade prices on request. No information in the filing explains the reason for the sales, and such dispositions do not by themselves indicate management sentiment about company prospects.