Tepper Jeffrey 4
4 · Permian Resources Corp · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Permian Resources (PR) Director Jeffrey Tepper Sells 50,000 Shares
What Happened
Jeffrey Tepper, a director of Permian Resources Corp (PR), disposed of 50,000 shares on March 12, 2026 in an open-market sale. The weighted-average price reported was $19.38 per share, for aggregate proceeds of approximately $968,750. The filing indicates the shares were sold in multiple transactions.
Key Details
- Transaction date: 2026-03-12 (reported on Form 4 filed 2026-03-16). The filing appears timely (within the required two business days).
- Price(s): weighted average $19.38; per footnote, individual trade prices ranged from $19.360 to $19.405.
- Shares sold: 50,000; approximate proceeds: $968,750.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: reporting person says the price is a weighted average and will provide a breakdown of shares sold at each price upon request to the company, shareholders, or SEC staff.
- Transaction code: S = Sale.
Context
A director sale is typically a disposition (not necessarily a signal about company fundamentals). Sales can be routine (for diversification, tax, or liquidity reasons); this summary is factual and does not infer motive. If you track insider activity, note the size and timing; purchases generally attract more attention as potential bullish signals.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-03-12$19.38/sh−50,000$968,750→ 150,546 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.360 to $19.405. The reporting person undertakes to provide to Permian Resources Corporation (the "Company"), any security holder of the Company, or staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.