Form 4: Range Resources CEO Dennis Degner Reports Acquisition of Shares

Range Resources CEO Dennis Degner reports acquiring 59,994 shares of common stock on February 28, 2025, at a price of $37.12 per share.

Summary

• Dennis Degner, the CEO and President of Range Resources Corp, reported a transaction on February 28, 2025.
• He acquired 59,994 shares of common stock at a price of $37.12 per share.
• Following the transaction, Degner directly owns 684,244 shares of common stock.
• He also indirectly owns 94,281 shares through a 401k, 191,084 shares through a deferred compensation account, and holds 276,501 Performance Share Units.
• The shares were issued net of taxes based on the application of performance criteria under the February 2022 PSU Grant, resulting in 160.0% of the target vesting of TSR PSU's and 169.16% of the target vesting of the Absolute Measure PSU's.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing. The CEO's purchase is a potentially positive signal, but it's not overwhelmingly indicative of major positive or negative changes.

Positives

• The acquisition of shares by the CEO could be interpreted as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like the CEO, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The stock acquisition by the CEO could positively influence shareholder sentiment.

Key Dates