Form 4: Range Resources Director James Funk Reports Share Transactions

Director James Funk reports the sale and transfer of Range Resources Corp shares related to deferred compensation and IRA accounts.

Summary

• James Funk, a director at Range Resources Corp, filed a Form 4 detailing changes in beneficial ownership.
• On May 16, 2024, Funk sold 2,472 shares of common stock at $36.91 per share to cover withholding taxes related to a distribution from the 2004 Deferred Compensation Plan.
• On June 3, 2024, Funk transferred 4,782 shares from an indirect holding in a Deferred Compensation Account to a direct holding.
• Also on June 3, 2024, Funk acquired 4,782 shares in an IRA.
• Following these transactions, Funk directly owns 41,000 shares in an IRA and indirectly owns 67,976 shares in a Deferred Compensation Account.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing share transactions. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership structure, but the overall impact is likely minimal.

Key Dates