Permian Resources (PR) EVP John Bell Sells Shares, Receives RSUs

What Happened

• John Charles Bell, EVP and General Counsel of Permian Resources Corp (PR), had two transactions reported: a sale of 5,492 shares on Sept 3, 2026 and a grant of 24,306 restricted stock units (RSUs) on Sept 1, 2026. The sale generated $130,456 at a weighted average price of $23.75 per share (range $23.68–$23.82). The RSU grant is a derivative award valued at $0 at grant and will vest over three years.

Key Details

• Sale: 5,492 shares sold on 2026-09-03 at a weighted avg price of $23.75; total proceeds $130,456. This sale was a mandatory "sell to cover" to satisfy tax withholding on vesting (footnote F1). Prices ranged $23.6800–$23.8200 (footnote F2).
• Grant: 24,306 Restricted Stock Units granted on 2026-09-01 (derivative award, $0 reported); RSUs may be settled in shares or cash at the company's discretion (footnote F3). Vesting schedule: three substantially equal annual installments on 9/2/2027, 9/5/2028 and 9/4/2029 (footnote F4).
• Shares owned after the reported transactions: not specified in the filing.
• Filing: Reported on 2026-09-03; the filing shows no indication of lateness.

Context

• The sale appears to be a routine, mandatory sell-to-cover for tax withholding connected to equity vesting, not a discretionary trade by the insider (see footnote F1). The RSU grant increases potential future share issuance subject to multi-year vesting; because RSUs can be settled in cash or stock, the ultimate share impact depends on the company’s election.