4/A: RANGE IMPACT Director Amends SEC Filing to Disclose Additional Stock Purchases, Boosting Stake to Nearly 5 Million Shares

Joseph E. LoConti, a Director and 10% owner of RANGE IMPACT, INC., has filed an amended Form 4 to disclose previously omitted purchases of common stock, increasing his indirect beneficial ownership to 4,970,377 shares.

Summary

• Joseph E. LoConti, a Director and 10% owner of RANGE IMPACT, INC. (RNGE), filed an amended Form 4 on May 29, 2025.
• The amendment was filed to include two purchase transactions that were inadvertently omitted from the original filing.
• On February 6, 2025, 5,000 shares of common stock were acquired at a price of $0.182 per share.
• On February 18, 2025, an additional 5,000 shares were acquired at a price of $0.183 per share.
• Further purchases on April 7, 2025, included 3,000 shares at $0.129 per share and 110,000 shares at $0.1631 per share.
• All reported acquisitions were indirect, held by Paragon Small Cap Fund I, LP.
• Following these transactions, Joseph E. LoConti's indirect beneficial ownership stands at 4,970,377 shares of Common Stock, par value $0.001 per share.

Sentiment

Score: 8

Explanation: The sentiment is highly positive due to significant insider buying by a key individual (Director and 10% owner), which typically signals strong confidence in the company's future performance and valuation. The administrative error of omission is minor compared to the positive signal of the purchases.

Positives

• The reporting person, a Director and 10% owner, increased their beneficial ownership in the company through multiple stock purchases, signaling confidence in the company's future prospects.
• The total beneficial ownership increased to 4,970,377 shares, representing a significant stake held by an insider.

Future Outlook

This filing does not provide forward-looking statements or guidance regarding the company's future operations or financial performance.

Management Comments

• The amendment was filed to add two purchase transactions, one on each of February 6, 2025, and February 18, 2025, that were inadvertently omitted from the original filing.

Industry Context

This filing is specific to insider trading activity and does not provide broader industry context or trends.

Related Party Transactions

• All reported acquisitions were made indirectly through Paragon Small Cap Fund I, LP, indicating a related party relationship for beneficial ownership.

Stakeholder Impact

• Shareholders may view the increased insider ownership as a positive indicator of management's belief in the company's value, potentially boosting investor confidence.
• The transparency provided by the amendment, despite the initial omission, reinforces regulatory compliance.

Key Dates

Recommendation

Keywords

SEC Form 4, Insider Trading, Beneficial Ownership, Stock Purchase, RANGE IMPACT, RNGE, Joseph E. LoConti, Director, 10% Owner, Equity Acquisition