*
|
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a prior cover page.
|
|
|
|
|
|
|||||
CUSIP No. 704551100
|
|
SCHEDULE 13D
|
|
|
|||||
|
|
|
|
|
|
|
|||
1
|
|
NAME OF REPORTING PERSON
Thomist Capital Management, LP
|
|||||||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ☐
|
|||||||
3
|
|
SEC USE ONLY
|
|||||||
4
|
|
SOURCE OF FUNDS
AF
|
|||||||
5
|
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐
|
|||||||
6
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
|
|||||||
|
|
|
|
|
|
||||
NUMBER OF
SHARES BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
7
|
SOLE VOTING POWER
2,488,201
|
||||||
|
8
|
SHARED VOTING POWER
0
|
|||||||
|
9
|
SOLE DISPOSITIVE POWER
2,488,201
|
|||||||
|
10
|
SHARED DISPOSITIVE POWER
0
|
|||||||
|
|
|
|
|
|
|
|||
11
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
2,488,201
|
|||||||
12
|
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐
|
|||||||
13
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.0% (1)
|
|||||||
14
|
|
TYPE OF REPORTING PERSON
PN, IA
|
(1)
|
Based on 121.5 million shares of Common Stock, of the Issuer outstanding as of November 4, 2024, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and
Exchange Commission (“SEC”) on November 8, 2024.
|
|
|
|
|
|
|||||
CUSIP No. 704551100
|
|
SCHEDULE 13D
|
|
|
|||||
|
|
|
|
|
|
|
|||
1
|
|
NAME OF REPORTING PERSON
Thomist Capital, LLC
|
|||||||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ☐
|
|||||||
3
|
|
SEC USE ONLY
|
|||||||
4
|
|
SOURCE OF FUNDS
AF
|
|||||||
5
|
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐
|
|||||||
6
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Texas
|
|||||||
|
|
|
|
|
|
||||
NUMBER OF
SHARES BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
7
|
SOLE VOTING POWER
2,488,201
|
||||||
|
8
|
SHARED VOTING POWER
0
|
|||||||
|
9
|
SOLE DISPOSITIVE POWER
2,488,201
|
|||||||
|
10
|
SHARED DISPOSITIVE POWER
0
|
|||||||
|
|
|
|
|
|
|
|||
11
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
2,488,201
|
|||||||
12
|
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐
|
|||||||
13
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.0% (1)
|
|||||||
14
|
|
TYPE OF REPORTING PERSON
OO, HC
|
(1)
|
Based on 121.5 million shares of Common Stock of the Issuer outstanding as of November 4, 2024, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the SEC on November 8,
2024.
|
|
|
|
|
|
|||||
CUSIP No. 704551100
|
|
SCHEDULE 13D
|
|
|
|||||
|
|
|
|
|
|
|
|||
1
|
|
NAME OF REPORTING PERSON
The Thomist Fund, LP
|
|||||||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ☐
|
|||||||
3
|
|
SEC USE ONLY
|
|||||||
4
|
|
SOURCE OF FUNDS
WC
|
|||||||
5
|
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐
|
|||||||
6
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
|
|||||||
|
|
|
|
|
|
||||
NUMBER OF
SHARES BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
7
|
SOLE VOTING POWER
1,298,375
|
||||||
|
8
|
SHARED VOTING POWER
0
|
|||||||
|
9
|
SOLE DISPOSITIVE POWER
1,298,375
|
|||||||
|
10
|
SHARED DISPOSITIVE POWER
0
|
|||||||
|
|
|
|
|
|
|
|||
11
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
1,298,375
|
|||||||
12
|
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐
|
|||||||
13
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.1% (1)
|
|||||||
14
|
|
TYPE OF REPORTING PERSON
PN
|
(1)
|
Based on 121.5 million shares of Common Stock of the Issuer outstanding as of November 4, 2024, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the SEC on November 8,
2024.
|
|
|
|
|
|
|||||
CUSIP No. 704551100
|
|
SCHEDULE 13D
|
|
|
|||||
|
|
|
|
|
|
|
|||
1
|
|
NAME OF REPORTING PERSON
Brian Kuzma
|
|||||||
2
|
|
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) ☐ (b) ☐
|
|||||||
3
|
|
SEC USE ONLY
|
|||||||
4
|
|
SOURCE OF FUNDS
AF
|
|||||||
5
|
|
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)
☐
|
|||||||
6
|
|
CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
|
|||||||
|
|
|
|
|
|
||||
NUMBER OF
SHARES BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH:
|
|
7
|
SOLE VOTING POWER
2,488,201
|
||||||
|
8
|
SHARED VOTING POWER
0
|
|||||||
|
9
|
SOLE DISPOSITIVE POWER
2,488,201
|
|||||||
|
10
|
SHARED DISPOSITIVE POWER
0
|
|||||||
|
|
|
|
|
|
|
|||
11
|
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON
2,488,201
|
|||||||
12
|
|
CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐
|
|||||||
13
|
|
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.0% (1)
|
|||||||
14
|
|
TYPE OF REPORTING PERSON
IN, HC
|
(1)
|
Based on 121.5 million shares of Common Stock of the Issuer outstanding as of November 4, 2024, as reported in the Issuer’s Quarterly Report on Form 10-Q filed with the SEC on November 8,
2024.
|
|
|
|
THOMIST CAPITAL MANAGEMENT, LP
|
||
|
||
By: Thomist Capital, LLC, its general partner
|
||
|
|
|
By:
|
|
/s/ Brian Kuzma
|
|
|
Name: Brian Kuzma
|
|
|
Title: Managing Member
|
|
||
THOMIST CAPITAL, LLC
|
||
|
|
|
By:
|
|
/s/ Brian Kuzma
|
|
|
Name: Brian Kuzma
|
|
|
Title: Managing Member
|
|
||
THE THOMIST FUND, LP
|
||
|
||
By: Thomist Capital, LLC, its general partner
|
||
|
|
|
By:
|
|
/s/ Brian Kuzma
|
|
|
Name: Brian Kuzma
|
|
|
Title: Managing Member
|
|
|
|
By:
|
|
/s/ Brian Kuzma
|
BRIAN KUZMA
|
Instrument Traded
Effecting Beneficial
Ownership
|
|
Trade Date
|
|
Shares or
Contracts Purchased (Sold) |
|
Price Per Share
($) or Contract |
|
Trading Account
|
||
Common Stock
|
10/25/2024
|
(19,491)
|
$24.8023
|
The Fund
|
||||||
(12,994)
|
$24.8023
|
Managed Account 1
|
||||||||
(6,497)
|
$24.8023
|
Managed Account 2
|
||||||||
Common Stock
|
10/25/2024
|
(5,509)
|
$24.7280
|
The Fund
|
||||||
(3,673)
|
$24.7280
|
Managed Account 1
|
||||||||
(1,836)
|
$24.7280
|
Managed Account 2
|
||||||||
Common Stock
|
10/29/2024
|
(20,000)
|
$24.9826
|
The Fund
|
||||||
(13,333)
|
$24.9826
|
Managed Account 1
|
||||||||
(6,667)
|
$24.9826
|
Managed Account 2
|
||||||||
Common Stock
|
10/31/2024
|
(88,886)
|
$26.4891
|
The Fund
|
||||||
(59,257)
|
$26.4891
|
Managed Account 1
|
||||||||
(29,628)
|
$26.4891
|
Managed Account 2
|
||||||||
Common Stock
|
10/31/2024
|
(50,000)
|
$26.9825
|
The Fund
|
||||||
(33,333)
|
$26.9825
|
Managed Account 1
|
||||||||
(16,667)
|
$26.9825
|
Managed Account 2
|
||||||||
Common Stock
|
10/31/2024
|
(38,615)
|
$26.9920
|
The Fund
|
||||||
(25,743)
|
$26.9920
|
Managed Account 1
|
||||||||
(12,871)
|
$26.9920
|
Managed Account 2
|
||||||||
Common Stock
|
10/31/2024
|
(12,500)
|
$26.2700
|
The Fund
|
||||||
(8,333)
|
$26.2700
|
Managed Account 1
|
||||||||
(4,167)
|
$26.2700
|
Managed Account 2
|
||||||||
Common Stock
|
10/31/2024
|
(10,000)
|
$26.8800
|
The Fund
|
||||||
(6,667)
|
$26.8800
|
Managed Account 1
|
||||||||
(3,333)
|
$26.8800
|
Managed Account 2
|
||||||||
Common Stock
|
11/1/2024
|
(12,500)
|
$26.3000
|
The Fund
|
||||||
(8,333)
|
$26.3000
|
Managed Account 1
|
||||||||
(4,167)
|
$26.3000
|
Managed Account 2
|
||||||||
Common Stock
|
11/1/2024
|
(8,597)
|
$26.4632
|
The Fund
|
||||||
(5,731)
|
$26.4632
|
Managed Account 1
|
||||||||
(2,866)
|
$26.4632
|
Managed Account 2
|
||||||||
Common Stock
|
11/1/2024
|
(26,022)
|
$26.5746
|
The Fund
|
||||||
(17,348)
|
$26.5746
|
Managed Account 1
|
||||||||
(8,673)
|
$26.5746
|
Managed Account 2
|
||||||||
Common Stock
|
11/4/2024
|
(25,916)
|
$26.6402
|
The Fund
|
||||||
(17,277)
|
$26.6402
|
Managed Account 1
|
||||||||
(8,638)
|
$26.6402
|
Managed Account 2
|
||||||||
Common Stock
|
11/4/2024
|
(30,835)
|
$26.5137
|
The Fund
|
||||||
(20,556)
|
$26.5137
|
Managed Account 1
|
||||||||
(10,278)
|
$26.5137
|
Managed Account 2
|
||||||||
Common Stock
|
11/5/2024
|
(1,961)
|
$27.2100
|
The Fund
|
||||||
(1,308)
|
$27.2100
|
Managed Account 1
|
||||||||
(654)
|
$27.2100
|
Managed Account 2
|
||||||||
Common Stock
|
11/5/2024
|
(14,861)
|
$27.1322
|
The Fund
|
||||||
(9,907)
|
$27.1322
|
Managed Account 1
|
||||||||
(4,954)
|
$27.1322
|
Managed Account 2
|
||||||||
Common Stock
|
11/5/2024
|
(17,244)
|
$27.1043
|
The Fund
|
||||||
(11,496)
|
$27.1043
|
Managed Account 1
|
||||||||
(5,749)
|
$27.1043
|
Managed Account 2
|
||||||||
Common Stock
|
11/5/2024
|
(12,500)
|
$27.1118
|
The Fund
|
||||||
(8,333)
|
$27.1118
|
Managed Account 1
|
||||||||
(4,167)
|
$27.1118
|
Managed Account 2
|
||||||||
Common Stock
|
11/8/2024
|
(25,006)
|
$28.5743
|
The Fund
|
||||||
(16,670)
|
$28.5743
|
Managed Account 1
|
||||||||
(8,335)
|
$28.5743
|
Managed Account 2
|
Common Stock
|
11/8/2024
|
(205)
|
$28.7588
|
The Fund
|
||||||
(137)
|
$28.7588
|
Managed Account 1
|
||||||||
(68)
|
$28.7588
|
Managed Account 2
|
||||||||
Common Stock
|
11/8/2024
|
(74,789)
|
$28.5624
|
The Fund
|
||||||
(49,860)
|
$28.5624
|
Managed Account 1
|
||||||||
(24,930)
|
$28.5624
|
Managed Account 2
|
||||||||
Common Stock
|
11/11/2024
|
(7,550)
|
$28.1765
|
The Fund
|
||||||
(5,033)
|
$28.1765
|
Managed Account 1
|
||||||||
(2,517)
|
$28.1765
|
Managed Account 2
|
||||||||
Common Stock
|
11/12/2024
|
(1,513,257)
|
$27.2200
|
The Fund
|
||||||
(924,477)
|
$27.2200
|
Managed Account 1
|
||||||||
(462,266)
|
$27.2200
|
Managed Account 2
|