Permian Resources CFO Guy M. Oliphint Sells $121K in Shares to Cover Taxes Following RSU Grant
Permian Resources Corp
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Filing Summary
📊 Form 4 Filing Alert: Permian Resources Corp ($PR) Insider: Guy M. Oliphint (EVP, Chief Financial Officer) Transaction: Sold 5,103 shares of Class A Common Stock @ $23.75 (Total: ~$121,209.52) Nature: Mandatory sell-to-cover for tax withholding obligations Post-Transaction Holdings: 537,400 direct shares Derivative Grant: Received 24,306 Restricted Stock Units on 2026-09-01
Comprehensive Analysis
Insider Filing Analysis: Permian Resources Corp ($PR)
Executive Summary
On September 3, 2026, Guy M. Oliphint, Executive Vice President and Chief Financial Officer of Permian Resources Corp, filed a Form 4 disclosing two transactions:
- Derivative Grant (2026-09-01): Received an award of 24,306 Restricted Stock Units (RSUs) vesting in three equal annual installments beginning September 2, 2027.
- Open Market Disposition (2026-09-03): Disposed of 5,103 shares of Class A Common Stock at a weighted average price of $23.7526 per share (total value: $121,209.52).
Transaction Details
- Mandatory Tax Withholding: As noted in the footnotes, the sale was a non-discretionary "sell to cover" transaction executed solely to satisfy tax withholding obligations triggered by the vesting of a restricted stock award.
- Remaining Holdings: Following this disposition, Mr. Oliphint retains direct ownership of 537,400 shares of Class A Common Stock, in addition to the newly awarded unvested RSUs.
Market Impact & Trading Significance
- Significance Level: Low
- Rationale: The transaction does not reflect discretionary buying or selling behavior. It represents standard equity compensation and routine tax withholding, leaving the insider with substantial direct ownership in the company.
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