Quinn William J 4
4 · Permian Resources Corp · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Permian Resources (PR) Director William J. Quinn Sells 512,429 Shares
What Happened
William J. Quinn, a director of Permian Resources Corp (PR), sold 512,429 shares of the company's Class A common stock on 2026-03-18. The shares were disposed in multiple transactions at a weighted average price of $19.59, for aggregate proceeds of $10,038,484. The filing reports these as sales (code S).
Key Details
- Transaction date: 2026-03-18 (reported on Form 4 filed 2026-03-19) — timely filing the next day.
- Price: Weighted average $19.59; individual transaction prices ranged from $19.53 to $19.68 (per footnote).
- Total shares sold: 512,429; total proceeds: $10,038,484.
- Shares owned after the transaction: Not specified in the Form 4 filing.
- Notable footnotes:
- F1: The reported price is a weighted average; the reporting person will provide per-price breakdown on request.
- F2: The sold shares were held directly by Mail Holdings, L.P., which is controlled by the reporting person; the reporter disclaims beneficial ownership except for any pecuniary interest.
Context
This was a sale of existing shares (not an option exercise or grant). Sales by insiders can be routine and do not necessarily signal a change in company outlook; the filing is factual and does not state the motivation. The footnote about Mail Holdings, L.P. indicates the holdings and sale were through an entity controlled by Quinn, and the Form 4 disclaims broader beneficial ownership.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-18$19.59/sh−512,429$10,038,484→ 6,914,410 total(indirect: See footnote)
- 1,018,745
Class A Common Stock
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares of Class A Common Stock were sold in multiple transactions at prices ranging from $19.53 to $19.68, inclusive. The Reporting Person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price within the ranges set forth herein.
- [F2]Shares of Class A Common Stock held directly by Mail Holdings, L.P. which is controlled by the Reporting Person. The Reporting Person disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission of beneficial ownership of any or all of the reported securities for the purposes of Section 16 or for any other purpose.