Quinn William J 4
4 · Permian Resources Corp · Filed Mar 12, 2026
Research Summary
AI-generated summary of this filing
Permian Resources (PR) Director William J. Quinn Sells 800,000 Shares
What Happened
William J. Quinn, a director of Permian Resources Corp (PR), sold 800,000 shares of Class A common stock in an open-market transaction on March 11, 2026. The reported weighted-average price was $19.15 per share, resulting in gross proceeds of approximately $15,321,840. This was a sale (S), which is often a routine liquidity transaction and not necessarily a signal about company fundamentals.
Key Details
- Transaction date: 2026-03-11; Form 4 filed: 2026-03-12.
- Price: weighted average $19.15; per-footnote range $19.05 to $19.3375 across multiple trades. (Reporting person will provide per-price breakdown on request.)
- Shares sold: 800,000; gross proceeds: ~$15,321,840.
- Shares owned after transaction: not specified in this filing.
- Footnote F2: Shares reported were held directly by Mail Holdings, L.P., which is controlled by Mr. Quinn; he disclaims beneficial ownership except to the extent of his pecuniary interest.
- No 10b5-1 plan, tax-withholding sale, or other special plan was disclosed in this Form 4.
Context
Insider sales by directors are common for diversification or liquidity and do not on their own prove positive or negative views on the company. For retail investors, purchases by insiders can carry more interpretive weight than routine sales. If you want the precise per-trade prices or total post-sale holdings, the filer says they will provide that breakdown on request or you can consult the full Form 4 (Accession 0001193125-26-104738).
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-11$19.15/sh−800,000$15,321,840→ 7,426,839 total(indirect: See footnote)
- 1,018,745
Class A Common Stock
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares of Class A Common Stock were purchased in multiple transactions at prices ranging from $19.05 to $19.3375, inclusive. The Reporting Person undertakes to provide to 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 of Class A Common Stock sold at each separate price within the ranges set forth herein.
- [F2]Shares of Class A Common Stock held directly by Mail Holdings, L.P. which is controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission of beneficial ownership of any or all of the reported securities for the purposes of Section 16 or for any other purpose.