Tichio Robert M. 4
Research Summary
AI-generated summary
Permian Resources (PR) Director Robert M. Tichio Receives Award
What Happened
- Robert M. Tichio, a director of Permian Resources Corp (PR), was issued an award of 14,778 restricted shares on May 19, 2026. The shares were granted at $0.00 (no cash paid) and are reported as an acquisition (award).
- The reported transaction value is $0 up front; these are compensation shares rather than an open‑market purchase.
Key Details
- Transaction date and type: 2026-05-19 — Award/Grant of 14,778 shares (transaction code A).
- Price: $0.00 per share (no cash consideration at grant).
- Shares owned after transaction: 129,397 shares beneficially owned (this total includes 114,619 Class A shares received previously via a pro‑rata in‑kind distribution from Silver Run Sponsor LLC).
- Vesting: Awarded restricted stock vests on May 19, 2027 (Footnote F1).
- Footnotes: F2 notes the 114,619 shares were received with no consideration in a prior in‑kind distribution.
- Filing timeliness: Report filed 2026-05-21 for a 2026-05-19 transaction; appears to be filed within the standard Section 16 reporting window (not marked late).
Context
- This was a compensation award of restricted stock that will vest in one year; such grants are part of director compensation and do not necessarily indicate buying or selling sentiment.
- For retail investors, outright purchases are often more informative than grants; restricted shares reflect future potential ownership contingent on vesting.