Permian Resources (PR) CFO Guy Oliphint Sells 5,103 Shares

What Happened
Guy M. Oliphint, Chief Financial Officer of Permian Resources Corporation (PR), had two related transactions reported on Form 4. On 2026-09-01 he was granted 24,306 Restricted Stock Units (RSUs). On 2026-09-03 he disposed of 5,103 shares in an open-market sale at a weighted average price of $23.75, generating proceeds of $121,210. The sale was a mandatory "sell-to-cover" to satisfy tax withholding on the RSU vesting and was not a discretionary trade.

Key Details

• Transaction dates: RSU grant on 2026-09-01 (grant code A); share disposition on 2026-09-03 (sale code S).
• Sale price: weighted average $23.75; individual sale prices ranged $23.68–$23.82. Total proceeds ≈ $121,210.
• Shares acquired: 24,306 RSUs (reported with $0 acquisition value as a derivative award).
• Shares disposed: 5,103 shares (sell-to-cover for taxes).
• Ownership after transaction: Not specified in the provided filing excerpt.
• Filing: Form filed 2026-09-03 (Accession No. 0001658566-26-000115). The filing date aligns with the reported transactions and there is no indication in the provided data that it was late.
• Notable footnotes: F1 (mandatory sell-to-cover for tax withholding), F2 (weighted-average price and price range disclosure), F3 (each RSU converts to one share if employment continues; may be settled in stock or cash), F4 (RSUs vest in three roughly equal annual installments: 9/2/2027, 9/5/2028, 9/4/2029).

Context
Restricted Stock Units are a form of compensation that convert to shares (or cash at the company's discretion) if the employee remains employed at vesting. A "sell-to-cover" is a common, non-discretionary transaction to cover tax withholding and should not be read as a buy/sell signal about the company's prospects. The grant increases potential future ownership subject to the stated vesting schedule.