4Filed Aug 5, 8:00 PM ET
Permian Resources (PR) Director Frost Cochran Receives 14,045-Share Award
$PR · Permian Resources CorpResearch Summary
AI-generated summary of this SEC filing
Permian Resources (PR) Director Frost Cochran Receives 14,045-Share Award
What Happened
- Cochran Frost W., a director of Permian Resources Corp (PR), was granted 14,045 restricted shares on August 4, 2026. The award was reported as acquired at $0.00 per share (total reported value $0), under transaction code "A" for award/grant.
Key Details
- Transaction date: 2026-08-04; Form 4 filed: 2026-08-06 (timely filing).
- Transaction type/code: A = Award/Grant of restricted stock.
- Shares involved: 14,045 restricted shares granted; reported acquisition price $0.00.
- Vesting: Per footnote, the restricted stock vests on May 19, 2027 (Footnote F1).
- Shares owned after transaction: Not specified in the details provided here—see the full Form 4 for total beneficial ownership and any other holdings.
- No 10b5-1 plan, tax-withholding, or sale indicated in this filing.
Context
- This was a compensation-style restricted stock award, not an open-market purchase or sale. Restricted shares typically cannot be sold until they vest (here, 2027-05-19), so the grant does not represent an immediate market transaction by the insider.
- Such awards are commonly part of director compensation and should be interpreted as company-issued equity rather than a direct insider bet on the stock. For full ownership impact and any future sales, watch subsequent Form 4 filings after vesting or any later dispositions.