PR · Permian Resources Corp · Executive Compensation

$23.66 +0.01 (+0.04%)

S&P 400 member Russell 1000 member Rebalance outlook locked

Market Cap

$19.57B

837.56M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James Walter	Co‑Chief Executive Officer	—	—	$11,432,842	—	—	—	$11,432,842
William M. Hickey III	Co‑Chief Executive Officer	—	—	$11,432,842	—	—	—	$11,432,842
Guy Oliphint	Executive Vice President and Chief Financial Officer	$475,000	—	$4,063,557	—	$712,500	$14,509	$5,265,566
Robert R. Shannon	Executive Vice President and Chief Accounting Officer	$395,833	—	$4,063,557	—	$480,000	$23,500	$4,962,890
John C. Bell	Executive Vice President, General Counsel and Secretary	$400,000	—	$4,063,557	—	$480,000	$15,275	$4,958,832

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Guy Oliphint	Executive Vice President and Chief Financial Officer	$475,000	—	$3,670,016	—	$760,000	$19,250	$4,924,266
Brent P. Jensen	Former Senior Vice President and Chief Accounting Officer	$231,869	—	$1,272,020	—	—	$2,656,970	$3,928,990
John C. Bell	Executive Vice President, General Counsel and Secretary	$400,000	—	$2,064,379	—	$512,000	$22,375	$2,998,754
Robert R. Shannon	Executive Vice President and Chief Accounting Officer	$380,000	—	$1,987,934	—	$486,400	$23,097	$2,877,431
James Walter	Co-Chief Executive Officer	—	—	—	—	—	—	—
William M. Hickey III	Co-Chief Executive Officer	—	—	—	—	—	—	—

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Guy Oliphint	Executive Vice President and Chief Financial Officer	$439,904	—	$4,899,778	—	$607,500	$146,996	$6,094,178
Matthew R. Garrison	Former Executive Vice President and Chief Operating Officer	$311,091	—	$3,930,570	—	—	$366,443	$4,608,104
George Glyphis	Former Executive Vice President and Chief Financial Officer	$187,807	—	$952,711	—	—	$3,265,640	$4,406,158
Brent P. Jensen	Former Senior Vice President and Chief Accounting Officer	$377,000	—	—	—	$480,675	$26,460	$884,135
John C. Bell	Executive Vice President, General Counsel and Secretary	$375,000	—	—	—	$450,000	$22,560	$847,560
James Walter	Co-Chief Executive Officer	—	—	—	—	—	$4,297	$4,297
William Hickey	Co-Chief Executive Officer	—	—	—	—	—	—	—
William M. Hickey III	Co-Chief Executive Officer	—	—	—	—	—	—	—

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
James Walter	Co-Chief Executive Officer	—	—	$25,512,520	—	—	—	$25,512,520
William Hickey	Co-Chief Executive Officer	—	—	$25,512,520	—	—	—	$25,512,520
William M. Hickey III	Co-Chief Executive Officer	—	—	$25,512,520	—	—	—	$25,512,520
Sean R. Smith	Executive Chair (Former Chief Executive Officer)	$692,862	—	$14,495,295	—	—	$6,645,274	$21,833,431
George Glyphis	Former Executive Vice President and Chief Financial Officer	$479,813	—	$10,614,260	—	$764,428	$83,110	$11,941,611
Matthew R. Garrison	Former Executive Vice President and Chief Operating Officer	$446,260	—	$6,264,112	—	$691,797	$30,162	$7,432,331
Brent P. Jensen	Former Senior Vice President and Chief Accounting Officer	$378,642	—	$4,262,010	—	$512,693	$81,023	$5,234,368
DAVISO. O’CONNOR	Former Executive Vice President and General Counsel Amounts in this column reflect the aggregate grant date fair value of restricted stock and performance stock units (PSUs) granted during 2022, computed in accordance with FASB’s ASC Topic 718, Stock-based Compensation (ASC Topic 718), excluding the effect of estimated forfeitures. Fair value of the PSUs was determined using Monte Carlo simulations. The assumptions used by the Company in calculating these amounts for 2022 are included in Note 7 to Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 (Form 10-K). PSUs awarded to our Co-CEOs were designed to represent the value of a three-year grant, and no additional equity awards are contemplated for our Co-CEOs over the next three years. If the maximum level of achievement of the performance conditions associated with PSUs granted in 2022 is achieved, the values associated with the PSUs based on the closing price per share of our common stock on the dates they were granted (7.91 for the Annual 2022 LTIP Awards and 7.62 for the Post-Merger LTIP Awards), would be as follows: 40,870,091 for Mr. Hickey and for Mr. Walter, 6,525,750 for Mr. Smith, 8,429,024 for Mr. Glyphis, 6,129,685 for Mr. Garrison, 1,439,501 for Mr. Jensen, 3,099,313 for Mr. Bell and 1,853,531 for Mr. O’Connor. For additional information regarding the stock-based awards granted to the NEOs in 2022, refer to the 2022 Grants of Plan-Based Awards table.	$298,262	—	$2,035,837	—	—	$2,697,577	$5,031,676
John C. Bell	Executive Vice President, General Counsel and Secretary	$125,000	—	$2,292,044	—	$109,397	—	$2,526,441

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Sean R. Smith	Executive Chair (Former Chief Executive Officer)	$708,291	—	$6,590,088	—	$1,357,200	$21,681	$8,677,260
George Glyphis	Former Executive Vice President and Chief Financial Officer	$439,838	—	$3,099,555	—	$691,824	$25,525	$4,256,742
Davis O. O’Connor	Executive Vice President and	$398,817	—	$2,119,020	—	$560,377	$27,748	$3,105,962
DAVISO. O’CONNOR	Former Executive Vice President and General Counsel Amounts in this column reflect the aggregate grant date fair value of restricted stock and performance stock units (PSUs) granted during 2022, computed in accordance with FASB’s ASC Topic 718, Stock-based Compensation (ASC Topic 718), excluding the effect of estimated forfeitures. Fair value of the PSUs was determined using Monte Carlo simulations. The assumptions used by the Company in calculating these amounts for 2022 are included in Note 7 to Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 (Form 10-K). PSUs awarded to our Co-CEOs were designed to represent the value of a three-year grant, and no additional equity awards are contemplated for our Co-CEOs over the next three years. If the maximum level of achievement of the performance conditions associated with PSUs granted in 2022 is achieved, the values associated with the PSUs based on the closing price per share of our common stock on the dates they were granted (7.91 for the Annual 2022 LTIP Awards and 7.62 for the Post-Merger LTIP Awards), would be as follows: 40,870,091 for Mr. Hickey and for Mr. Walter, 6,525,750 for Mr. Smith, 8,429,024 for Mr. Glyphis, 6,129,685 for Mr. Garrison, 1,439,501 for Mr. Jensen, 3,099,313 for Mr. Bell and 1,853,531 for Mr. O’Connor. For additional information regarding the stock-based awards granted to the NEOs in 2022, refer to the 2022 Grants of Plan-Based Awards table.	$398,817	—	$2,119,020	—	$560,377	$27,748	$3,105,962
Matthew R. Garrison	Former Executive Vice President and Chief Operating Officer	$392,438	—	$2,096,760	—	$589,095	$21,591	$3,099,884
Brent P. Jensen	Senior Vice President and Chief Accounting Officer	$349,557	—	$1,645,695	—	$463,874	$25,525	$2,484,651

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Sean R. Smith	Executive Chair (Former Chief Executive Officer)	$560,692	—	$5,242,233	—	$783,000	$20,348	$6,606,273
George Glyphis	Executive Vice President and Chief Financial Officer	$400,688	—	$2,613,556	—	$399,129	$23,792	$3,437,165
DAVISO. O’CONNOR	Former Executive Vice President and General Counsel Amounts in this column reflect the aggregate grant date fair value of restricted stock and performance stock units (PSUs) granted during 2022, computed in accordance with FASB’s ASC Topic 718, Stock-based Compensation (ASC Topic 718), excluding the effect of estimated forfeitures. Fair value of the PSUs was determined using Monte Carlo simulations. The assumptions used by the Company in calculating these amounts for 2022 are included in Note 7 to Consolidated Financial Statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2022 (Form 10-K). PSUs awarded to our Co-CEOs were designed to represent the value of a three-year grant, and no additional equity awards are contemplated for our Co-CEOs over the next three years. If the maximum level of achievement of the performance conditions associated with PSUs granted in 2022 is achieved, the values associated with the PSUs based on the closing price per share of our common stock on the dates they were granted (7.91 for the Annual 2022 LTIP Awards and 7.62 for the Post-Merger LTIP Awards), would be as follows: 40,870,091 for Mr. Hickey and for Mr. Walter, 6,525,750 for Mr. Smith, 8,429,024 for Mr. Glyphis, 6,129,685 for Mr. Garrison, 1,439,501 for Mr. Jensen, 3,099,313 for Mr. Bell and 1,853,531 for Mr. O’Connor. For additional information regarding the stock-based awards granted to the NEOs in 2022, refer to the 2022 Grants of Plan-Based Awards table.	$373,456	—	$1,693,153	—	$323,294	$25,664	$2,415,567
Davis O. O’Connor	Executive Vice President and	$373,456	—	$1,693,153	—	$323,294	$25,664	$2,415,567
Matthew R. Garrison	Executive Vice President and Chief Operating Officer	$354,973	—	$1,675,370	—	$333,450	$20,240	$2,384,033
Brent P. Jensen	Senior Vice President and Chief Accounting Officer	$327,328	—	$1,314,957	—	$267,621	$23,792	$1,933,698
Mark G. Papa	—	$323,878	—	—	—	—	$927	$324,805

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Sean R. Smith	Chief Executive Officer	$481,257	$122,907	$3,259,126	—	$491,625	$19,861	$4,374,776
George Glyphis	Executive Vice President and Chief Financial Officer	$434,124	$110,870	$2,628,622	—	$443,477	$19,861	$3,636,954
Davis O. O’Connor	Vice President and	$390,712	$84,815	$1,787,702	—	$339,260	$25,277	$2,627,766
General Counsel	—	$390,712	$84,815	$1,787,702	—	$339,260	$25,277	$2,627,766
Former Chief	Executive Officer	$800,695	$340,000	$8,933	—	$1,360,000	$3,708	$2,513,336
Mark G. Papa	Chief Executive Officer	$800,695	$340,000	$8,933	—	$1,360,000	$3,708	$2,513,336
Brent P. Jensen	Senior Vice President and Chief Accounting Officer	$342,453	$61,221	$1,366,971	—	$244,882	$23,405	$2,038,932

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Sean R. Smith	Chief Executive Officer	$457,112	$130,625	$2,983,826	—	$522,500	$16,500	$4,110,563
George Glyphis	Vice President and Chief Financial Officer	$417,422	$117,832	$2,239,217	—	$471,328	$16,500	$3,262,299
Former Chief	Executive Officer	$799,305	$374,000	$23,935	—	$1,496,000	—	$2,693,240
Mark G. Papa	Chief Executive Officer	$799,305	$374,000	$23,935	—	$1,496,000	—	$2,693,240
Davis O. O’Connor	Vice President and General Counsel	$375,680	$90,142	$1,550,105	—	$360,566	$16,500	$2,392,993
General Counsel	—	$375,680	$90,142	$1,550,105	—	$360,566	$16,500	$2,392,993
Brent P. Jensen	Vice President and Chief Accounting Officer	$329,277	$65,065	$1,091,377	—	$260,260	$16,500	$1,762,479

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Mark G. Papa	Chief Executive Officer	$800,000	$2,040,000	$15,041	$7,150,000	—	—	$10,005,041
Sean R. Smith	Vice President and Chief Operating Officer	$434,249	$672,075	$2,803,914	—	—	$16,200	$3,926,438
George Glyphis	Vice President and Chief Financial Officer	$398,880	$618,000	$2,131,767	—	—	$13,625	$3,162,272

Executive changes

Person	Role	Change	Effective	Filed
James H. Walter	Director	Appointed	2026-05-19	2026-05-19
Robert M. Tichio	Director	Appointed	2026-05-19	2026-05-19
Jeffrey H. Tepper	Director	Appointed	2026-05-19	2026-05-19
Aron Marquez	Director	Appointed	2026-05-19	2026-05-19
William J. Quinn	Director	Appointed	2026-05-19	2026-05-19
William M. Hickey III	Director	Appointed	2026-05-19	2026-05-19
Frost W. Cochran	Director	Appointed	2026-05-19	2026-05-19
Karan E. Eves	Director	Appointed	2026-05-19	2026-05-19
Steven D. Gray	Director	Appointed	2026-05-19	2026-05-19
Maire A. Baldwin	Director	Appointed	2026-05-19	2026-05-19
Robert J. Anderson	member of the Board of Directors	Retired	2026-01-21	2026-01-21

Key facts CIK 1658566 CUSIP 71424F105 13F (30d) 343 filings 341 filers Visit website Investor relations