Home / Auditor changes / PRIMEENERGY RESOURCES CORP
Filed 2025-07-01 路 Form 8-K 路 Accession 0001437749-25-021599 micro
Price before filing: $146.4 (2025-06-30 close, split/dividend-adjusted)
Market cap at flag: $247.2M (2025-07-01) 路 Latest: $332.9M (2026-10-16)
| Window | PNRG | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +15.2% | +2.3% | +12.9% | 2025-07-31 |
| 90 days | +9.9% | +7.7% | +2.2% | 2025-09-29 |
| 180 days | +21.6% | +12.0% | +9.6% | 2025-12-29 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider sold $1.2M (2 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-06-03 | DE ROTHSCHILD ROBERT 10% owner | Sale | 4,389 | $188.01 | $825K | no | Form 4 |
| 2025-06-04 | DE ROTHSCHILD ROBERT 10% owner | Sale | 1,767 | $187.00 | $330K | no | Form 4 |
| 2025-07-01: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-04-02 to 2025-07-31. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"4.01 - Changes in Registrant's Certifying Accountant (a) June 27, 2025, the Audit Committee (the "Committee") of the Board of Directors of PrimeEnergy Resources Corporation (the "Company"), approved the dismissal of Grassi & Co., CPAs, P.C. ("Grassi") as the Company's independent registered public accounting firm."
Quoted from the filing. Source
The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.
Type: dismissed
Disagreements reported: no
Former auditor: Grassi & Co., CPAs, P.C. · New auditor: WithumSmith+Brown, PC
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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