Form 4: Director LoConti Buys $350K in Range Impact Stock

Joseph E. LoConti, a Director and 10% owner of Range Impact, Inc., purchased 2,333,333 shares of common stock for $0.15 per share.

Summary

• Joseph E. LoConti, a Director and 10% owner of Range Impact, Inc. (RNGE), acquired 2,333,333 shares of common stock.
• The shares were purchased at a price of $0.15 per share, totaling an investment of $350,000.
• The transaction was executed on September 23, 2025, under a Rule 10b5-1(c) plan.
• Following this transaction, Mr. LoConti beneficially owns a total of 26,645,789 shares indirectly through various entities.
• Indirect beneficial ownership includes 19,130,479 shares via Tower IV, LLC, 4,970,377 shares via Paragon Small Cap Fund LP, 1,281,042 shares via 4260 Winchell Road, and 1,263,891 shares via Joseph E. LoConti Revocable Trust.

Sentiment

Score: 8

Explanation: A significant purchase by a director and 10% owner indicates strong confidence in the company's future prospects and valuation, generally viewed as a very positive signal.

Positives

• A Director and 10% owner significantly increased their stake in the company, signaling strong insider confidence.
• The purchase was made under a Rule 10b5-1 plan, indicating a pre-planned, non-discretionary transaction, which can be viewed positively for transparency and governance.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

Insider buying, particularly by a director and significant shareholder, is often interpreted by the market as a strong signal of confidence in the company's current valuation and future prospects, potentially indicating a belief that the stock is undervalued or that positive developments are anticipated.

Corporate Governance

Related Party Transactions

• Joseph E. LoConti's beneficial ownership is held indirectly through entities such as Tower IV, LLC, Paragon Small Cap Fund LP, 4260 Winchell Road, and Joseph E. LoConti Revocable Trust, which are considered related parties due to his control or beneficial interest.

Stakeholder Impact

• Shareholders may perceive this significant insider purchase as a positive indicator, potentially boosting investor confidence and demand for the stock.
• The market may interpret this as a signal of management's belief in the company's intrinsic value and future growth, which could positively influence stock price.

Key Dates

Recommendation

The substantial purchase of common stock by a Director and 10% owner, Joseph E. LoConti, signals strong insider confidence in Range Impact, Inc.'s valuation and future performance. This type of insider buying often precedes positive company developments or reflects a belief that the stock is undervalued, making it a compelling 'buy' signal for investors.

Keywords

Range Impact, RNGE, Joseph E. LoConti, insider purchase, stock acquisition, Form 4, beneficial ownership, director, 10% owner, Rule 10b5-1