Form 4: Range Resources Corp: Ashley Kavanaugh Reports Changes in Beneficial Ownership

VP, Principal Accounting Officer Ashley Kavanaugh reports changes in beneficial ownership of Range Resources Corp shares, including acquisitions and holdings in deferred compensation and 401k accounts.

Summary

• On June 28, 2024, Ashley Kavanaugh, VP, Principal Accounting Officer of Range Resources Corp, reported changes in beneficial ownership.
• Kavanaugh acquired 241 shares of common stock at a price of $33.53 per share.
• Following the reported transaction, Kavanaugh directly owns 22,370 shares of common stock.
• Kavanaugh also indirectly owns 14,145 shares through a deferred compensation account, 11,011.1556 shares through a 401k, and 22,466 unvested shares.
• As of June 28, 2024, Kavanaugh also holds 3,205 Performance Share Units (PSU's).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting changes in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

Positives

• The acquisition of additional shares by a company officer could be seen as a positive signal.

Industry Context

Form 4 filings are routine and provide transparency into the trading activities of company insiders, allowing investors to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• Shareholders may be interested in the insider's transactions as an indicator of management's confidence in the company.

Key Dates