GRAY STEVEN D 4

What Happened

• Steven D. Gray, a director of Permian Resources Corp (PR), was granted 22,350 restricted shares on May 19, 2026. The shares were reported as acquired at $0.00 per share (i.e., awarded rather than purchased), resulting in no cash outlay by the insider.

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-21. Filing appears to be timely (filed within the standard 2-business-day window for Form 4 reporting).
• Transaction type/code: A — Award/Grant of restricted stock.
• Number of shares granted: 22,350; reported acquisition price: $0.00 per share.
• Vesting: Per filing footnote, the restricted stock vests on 2027-05-19 (one-year vesting).
• Shares owned after the transaction: Not specified in the provided filing details.
• No sale, exercise, or tax-withholding transaction was reported alongside this grant.

Context

• Restricted stock awards to directors are commonly used as compensation/retention and do not by themselves indicate an insider buying or selling shares on the open market. The grant was compensation-related and will only become freely tradeable as it vests (or subject to plan terms).