Form 8-K
8-K — Permian Resources Corp
Accession: 0001658566-26-000075
Filed: 2026-05-19
Period: 2026-05-19
CIK: 0001658566
SIC: 1311 (CRUDE PETROLEUM & NATURAL GAS)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Submission of Matters to a Vote of Security Holders
Item: Financial Statements and Exhibits
Documents
8-K — pr-20260519.htm (Primary)
EX-10.1 (firstamendmenttoltip.htm)
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8-K
8-K (Primary)
Filename: pr-20260519.htm · Sequence: 1
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________
FORM 8-K
___________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 19, 2026
___________________
PERMIAN RESOURCES CORPORATION
(Exact name of registrant as specified in its charter)
___________________
Delaware 001-37697 41-3338782
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer Identification No.)
300 N. Marienfeld St., Suite 1000
Midland, Texas 79701
(Address of principal executive offices, including zip code)
(432) 695-4222
(Registrant’s telephone number, including area code)
Not applicable
(Former name or former address, if changed since last report)
___________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Class A Common Stock, par value $0.0001 per share PR The New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
The 2026 Annual Meeting of Shareholders of Permian Resources Corporation (the “Company”) was held on May 19, 2026 (the “Annual Meeting”). At the Annual Meeting, the shareholders of the Company approved the First Amendment (the “First Amendment”) to the Permian Resources Corporation 2023 Long Term Incentive Plan (the “Plan”) to, among other things, increase the maximum number of shares of the Company’s Class A Common Stock, par value $0.0001 per share (“Class A shares”), issuable under the Plan from 71,718,560 Class A shares to 101,718,560 Class A shares. The Company’s Board of Directors (the “Board”) had previously approved the First Amendment, subject to shareholder approval.
The principal terms of the First Amendment and the Plan are described in the Company’s proxy statement for the Annual Meeting, filed with the U.S. Securities and Exchange Commission on April 6, 2026, which descriptions of the First Amendment and the Plan are incorporated herein by reference and are qualified in their entirety by reference to the full text of the First Amendment and the Plan, as applicable, copies of which are filed as Exhibit 10.1 and Exhibit 10.2, respectively, to this Current Report on Form 8-K and incorporated into this Item 5.02 by reference.
Item 5.07. Submission of Matters to a Vote of Security Holders.
At the Annual Meeting, the shareholders of the Company (i) elected ten directors to the Board for terms expiring at the 2027 Annual Meeting of Shareholders, (ii) approved, by a non-binding advisory vote, the compensation of the Company’s named executive officers, (iii) ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, (iv) approved the First Amendment and (v) approved an amendment to the Sixth Amended and Restated Certificate of Incorporation of Permian Resources Holdings Inc., our wholly owned subsidiary, to remove the “pass-through voting” provision in connection with the Company’s corporate reorganization. The voting results for each proposal were as follows:
Proposal 1. To elect ten directors to the Board for terms expiring at the 2027 Annual Meeting of Shareholders:
For
Against
Abstain
Broker Non-Votes
Maire A. Baldwin
670,324,623 6,982,110 709,722 64,666,444
Frost W. Cochran
673,551,350 3,752,030 713,075 64,666,444
Karan E. Eves
670,246,783 6,960,486 809,186 64,666,444
Steven D. Gray
611,914,658 65,342,520 759,277 64,666,444
William M. Hickey III
655,799,961 21,542,824 673,670 64,666,444
Aron Marquez
621,829,747 55,474,430 712,278 64,666,444
William J. Quinn
655,540,777 21,797,089 678,589 64,666,444
Jeffrey H. Tepper
666,582,900 10,722,602 710,953 64,666,444
Robert M. Tichio
669,066,256 8,259,864 690,335 64,666,444
James H. Walter
655,690,122 21,523,602 802,731 64,666,444
Proposal 2. To approve, by a non-binding advisory vote, the Company’s named executive officer compensation:
For
Against
Abstain
Broker Non-Votes
671,484,023 5,284,121 1,248,311 64,666,444
Proposal 3. To ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026:
For
Against
Abstain
724,751,914 17,047,850 883,135
Proposal 4. To approve the First Amendment to the Permian Resources Corporation 2023 Long Term Incentive Plan:
For
Against
Abstain
Broker Non-Votes
486,136,079 190,600,884 1,279,492 64,666,444
Proposal 5. To approve an amendment to the Sixth Amended and Restated Certificate of Incorporation of Permian Resources Holdings Inc., our wholly owned subsidiary, to remove the “pass-through voting” provision in connection with the Company’s corporate reorganization:
For
Against
Abstain
Broker Non-Votes
675,699,906 1,089,408 1,227,141 64,666,444
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
10.1#
First Amendment to the Permian Resources Corporation 2023 Long Term Incentive Plan.
10.2#
Permian Resources Corporation 2023 Long Term Incentive Plan (incorporated by reference to Exhibit 10.23 to the Company’s Annual Report on Form 10-K, filed with the SEC on February 29, 2024).
104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
# Management contract or compensatory plan or agreement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
PERMIAN RESOURCES CORPORATION
By: /s/ GUY M. OLIPHINT
Guy M. Oliphint
Executive Vice President and Chief Financial Officer
Date: May 19, 2026
EX-10.1
EX-10.1
Filename: firstamendmenttoltip.htm · Sequence: 2
Document
Exhibit 10.1
FIRST AMENDMENT
TO THE
PERMIAN RESOURCES CORPORATION
2023 LONG TERM INCENTIVE PLAN
This First Amendment to the Permian Resources Corporation 2023 Long Term Incentive Plan (the “Plan”) was approved and adopted by the Board of Directors of Permian Resources Corporation, a Delaware corporation (the “Company”), on February 23, 2026, subject to approval by the stockholders of the Company, which was obtained on May 19, 2026. Accordingly, the Plan is hereby amended, effective as of May 19, 2026, as follows:
1.
The definition of “Overall Share Limit” in Article XI, Section 11.28 of the Plan is hereby deleted in its entirety and replaced with the following:
“Overall Share Limit” means 101,718,560 Shares (which represents the 99,250,000 Shares currently authorized under the Plan, which amount is inclusive of the number of Shares issued or transferred pursuant to Awards under the Prior Plan, plus an additional 2,468,560 Shares assumed from the Earthstone Plan (the “Earthstone Shares”) that became available in connection with the closing of the merger with Earthstone Energy, Inc. effective as of November 1, 2023).”
In all other respects, the Plan remains unchanged and in full force and effect.
IN WITNESS WHEREOF, this First Amendment to the Plan has been executed to be effective as of May 19, 2026.
PERMIAN RESOURCES CORPORATION
By: /s/ Guy M. Oliphint
Name: Guy M. Oliphint
Title: Executive Vice President and Chief Financial Officer
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