Form 4: Range Resources Director Brenda Cline Reports Changes in Beneficial Ownership

Director Brenda Cline reports acquisition and disposal of Range Resources common stock, including a transfer from indirect to direct holding and an award of unvested shares.

Summary

• Brenda Cline, a director at Range Resources Corp, filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
• On May 8, 2025, Cline transferred 5,410 shares of common stock from an indirect holding to a direct holding at a price of $36.73 per share.
• Also on May 8, 2025, Cline disposed of 5,410 shares from an indirect holding.
• On May 14, 2025, Cline acquired 5,258 unvested shares at a price of $38.9881, determined by a 5-day volume weighted average.
• Following these transactions, Cline directly owns 35,668 shares and indirectly owns 5,258 unvested shares and 89,121 shares through a Family Limited Partnership.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.

Positives

• The acquisition of unvested shares could be seen as a positive sign, indicating the director's continued commitment to the company's future.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by providing insight into the director's investment decisions.

Key Dates

Keywords

Form 4, Beneficial Ownership, Range Resources, Director, Stock Transactions, RRC, Cline