Form 4: Range Impact Director LoConti Acquires 3,333,333 Shares of Common Stock

Joseph E. LoConti, a director at Range Impact, Inc., acquired 3,333,333 shares of common stock at $0.15 per share on January 21, 2025.

Summary

• On January 21, 2025, Joseph E. LoConti, a director of Range Impact, Inc. (RNGE), acquired 3,333,333 shares of common stock.
• The purchase price was $0.15 per share.
• Following the transaction, LoConti directly owns 1,263,891 shares.
• LoConti also indirectly owns 16,797,146 shares through Tower IV LLC, 1,281,042 shares through 4260 Winchell Road, LLC, and 4,842,377 shares through Paragon Small Cap Fund I, LP.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director buying shares is generally a good sign, but without more context about the company's performance, it's difficult to gauge the overall impact.

Positives

• A director's purchase of a significant number of shares can be seen as a positive signal, indicating confidence in the company's future prospects.

Risks

• The document does not provide any information about the company's overall financial health or future plans, so it's difficult to assess the long-term implications of this transaction.

Industry Context

This type of filing is standard for corporate insiders and provides transparency into their trading activities. It's common for directors and officers to buy or sell shares of their own company, and these transactions are closely watched by investors for signals about the company's prospects.

Stakeholder Impact

• The acquisition could positively impact shareholder confidence.

Key Dates

Keywords

Range Impact, LoConti, share acquisition, Form 4, common stock, director