Permian Resources increases LTIP share limit to 101.7M via first amendment
Permian Resources amended its 2023 Long-Term Incentive Plan to raise the Overall Share Limit from 99.25 million to 101.72 million shares, incorporating 2.47 million shares assumed from Earthstone Energy's merger. The expansion provides additional capacity for equity compensation awards and reflects integration of the November 2023 Earthstone acquisition.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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