Form 4: Range Resources CEO Dennis Degner Reports Stock Transactions
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
| Date | Description |
|---|---|
| 05/14/2025 | Sale of 35,850 shares of common stock at $40.42 per share. |
| 05/14/2025 | Mr. Degner holds 276,501 Performance Share Units (PSUs). |
| 05/15/2025 | Date of signature by attorney-in-fact. |
| 06/02/2025 | Transfer 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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