Form 4: Range Resources Corp: VP Kavanaugh Reports Acquisition of Shares

Ashley Kavanaugh, VP and Principal Accounting Officer of Range Resources Corp, reports acquiring 188 shares of common stock at $33.21 per share on March 22, 2024.

Summary

• On March 22, 2024, Ashley Kavanaugh, VP and Principal Accounting Officer of Range Resources Corp, acquired 188 shares of common stock at a price of $33.21 per share.
• The acquisition was a company match deposited into a deferred compensation account.
• Following the transaction, Kavanaugh directly owns 38,348 shares of common stock.
• Kavanaugh also indirectly owns 10,672.638 shares through a 401k and 22,466 unvested shares.
• The company match is 100% vested on December 31, 2026.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock acquisition by an officer. The acquisition itself can be seen as a slightly positive signal.

Positives

• The acquisition of shares by a company officer can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of shares by a company officer can have a slightly positive impact on shareholder sentiment.

Key Dates