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Actionable news in RSPP: RSP PERMIAN Inc,

Major owner of RSP Permian just disposed of 126,000 shares

Ted Jr Collins, a major owner of RSP Permian and a director of the company, recently disposed of 126,000 shares of the company. The disposals took place at prices ranging from $26.86 to $27.82 per share, on dates ranging from October 14 to October 15, 2015. Collins still owns 11,102,167 shares of the company. Collins operates out of Midland, TX. Some additional info was provided as follows:

On October 14, 2015, pursuant to a plan of disposition adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"), Mr. Collins sold 4,700 shares in multiple trades at prices ranging from $26.57 to $26.99. The price reported above reflects the weighted average sale price. Mr. Collins hereby undertakes to provide to the Securities and Exchang e Commission staff (the "Staff"), the issuer or any security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transaction was effected. The first sale under the 10b5-1 Plan was on December 29, 2014 and the 10b5-1 Plan provides for...