Form 4: Range Resources CEO Dennis Degner Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Dennis Degner, CEO of Range Resources, reports the sale and transfer of common stock related to deferred compensation.

Summary

  • On May 14, 2025, Dennis Degner, CEO of Range Resources, sold 35,850 shares of common stock at $40.42 per share to cover withholding taxes related to a distribution from the 2004 Deferred Compensation Plan.
  • On June 2, 2025, there was a transfer of 35,859 shares from an indirect to a direct holding related to a scheduled deferred compensation plan distribution.
  • Following these transactions, Mr. Degner directly owns 720,103 shares of common stock and indirectly owns 22,572 shares in a Deferred Comp Account and 191,084 unvested shares.
  • As of May 14, 2025, Mr. Degner also holds 276,501 Performance Share Units (PSUs).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies.

Stakeholder Impact

  • The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is likely immaterial given the context of deferred compensation and tax obligations.

Key Dates

DateDescription
05/14/2025Sale of 35,850 shares of common stock at $40.42 per share.
05/14/2025Mr. Degner holds 276,501 Performance Share Units (PSUs).
05/15/2025Date of signature by attorney-in-fact.
06/02/2025Transfer of 35,859 shares from indirect to direct holding.

Keywords

Range Resources, Dennis Degner, Form 4, Stock Sale, Deferred Compensation, PSUs, RRC

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