Permian Resources Corp·4

Mar 19, 4:05 PM ET

Quinn William J 4

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Permian Resources (PR) Director William J. Quinn Sells 512,429 Shares

What Happened
William J. Quinn, a director of Permian Resources Corp (PR), sold 512,429 shares of the company's Class A common stock on 2026-03-18. The shares were disposed in multiple transactions at a weighted average price of $19.59, for aggregate proceeds of $10,038,484. The filing reports these as sales (code S).

Key Details

  • Transaction date: 2026-03-18 (reported on Form 4 filed 2026-03-19) — timely filing the next day.
  • Price: Weighted average $19.59; individual transaction prices ranged from $19.53 to $19.68 (per footnote).
  • Total shares sold: 512,429; total proceeds: $10,038,484.
  • Shares owned after the transaction: Not specified in the Form 4 filing.
  • Notable footnotes:
    • F1: The reported price is a weighted average; the reporting person will provide per-price breakdown on request.
    • F2: The sold shares were held directly by Mail Holdings, L.P., which is controlled by the reporting person; the reporter disclaims beneficial ownership except for any pecuniary interest.

Context
This was a sale of existing shares (not an option exercise or grant). Sales by insiders can be routine and do not necessarily signal a change in company outlook; the filing is factual and does not state the motivation. The footnote about Mail Holdings, L.P. indicates the holdings and sale were through an entity controlled by Quinn, and the Form 4 disclaims broader beneficial ownership.