Hickey William M III

Co-CEO Hickey William M III sold 898,423 shares of PR at $18.38 on 2026-03-04 for $16,512,835.06; stock now at 52-week high of $18.84

Hickey William M III, Co-Chief Executive Officer, sold 898,423 shares at $18.38 on 2026-03-04, reducing his holdings from 10,287,828 shares to 9,389,405 shares and realizing $16,512,835.06. The sale occurred with the stock near its 52-week low range ($10.36–$18.84); current price of $18.84 is at the 52-week high, representing a +0.0% move from the peak but +16.7% over 30 days and +26.3% over 90 days since the sale. At Permian Resources Corp, his prior two measurable sales at this ticker (2026-01-06 and 2026-01-05) each posted +20%+ 30-day returns, a pattern consistent with his cross-ticker track record showing an average 30-day return of +20.7% after prior sells. The company is well-capitalized with $1.3B in latest-quarter revenue, $59.2M net income, and a market cap of $15,623,966,633.28 at a P/E of 20.48, positioning this as a routine mid-cap position reduction rather than a distress signal.

Co-CEO Hickey sells 777,705 shares (20.6% reduction) for $10.6M at $13.67 avg; stock at $13.50, down 8.7% in 30 days.

William M Hickey III, Co-Chief Executive Officer, executed 2 separate sales totaling 777,705 shares for $10,634,216.95 on 2026-01-05 and 2026-01-06 at blended average price of $13.67, reducing holdings by 20.6% from 3,767,694 to 2,989,989 shares. The divestiture is material in both absolute magnitude ($10.6M) and proportional reduction (one-fifth of prior position). Current price of $13.50 sits 15.6% below the 52-week high of $16.00, and the stock has declined 8.7% over the prior 30 days while rising 5.5% over 90 days. The company shows strong fundamentals with $1.3B quarterly revenue, $59.2M net income, and 60.2% annual revenue growth, trading at a P/E of 13.78 relative to an $11.2B market cap. The timing of this substantial reduction during recent price weakness and the executive's elevated selling activity warrant monitoring alongside earnings performance and capital allocation strategy.