HURT CLINT 4
Research Summary
AI-generated summary
PRIMEENERGY (PNRG) Director Clint Hurt Sells Shares
What Happened
Clint Hurt, a director of PRIMEENERGY RESOURCES CORP (PNRG), sold a total of 10,000 shares in open‑market transactions on February 5–6, 2026. The sales were: 1,064 shares at $190.02 ($202,181), 3,936 shares at $193.39 ($761,183), and 5,000 shares at $190.15 ($950,750), for an aggregate proceeds of roughly $1,914,114. These were outright sales (not purchases or option exercises) and are generally considered dispositions rather than a bullish signal.
Key Details
- Transaction dates and prices:
- 2026-02-05: Sold 1,064 shares @ $190.02 — $202,181
- 2026-02-06: Sold 3,936 shares @ $193.39 — $761,183
- 2026-02-06: Sold 5,000 shares @ $190.15 — $950,750
- Total shares sold: 10,000; total proceeds ≈ $1.91 million.
- Reported holdings (per filing footnote): 300 direct shares (sole voting/investment power) and 105,463 indirect shares held of record by Clint Hurt and Associates — totaling 105,763 shares.
- Filing: Form 4 was filed on 2026-02-09 for transactions dated Feb 5–6, 2026; the filing appears to be timely.
- No 10b5‑1 plan, tax withholding, or option exercise is indicated in the filing.
Context
This report documents standard open‑market sales by a company director. Sales can reflect many reasons (portfolio management, liquidity needs, etc.); they are not, by themselves, definitive indicators of company performance.