Form 4: Range Resources Director James M. Funk Reports Stock Transactions
SEC Form 4 Filing
Director James M. Funk reports stock sales and a gift, impacting his beneficial ownership in Range Resources Corp.
Summary
- On May 6, 2025, James M. Funk, a director of Range Resources Corp, reported several transactions involving the company's common stock.
- He sold 13,582 shares at $35.03 to cover withholding taxes related to a distribution from the 2004 Deferred Compensation Plan.
- Funk also reported a gift of 10,000 shares.
- Following these transactions, Funk directly owns 27,000 shares and indirectly owns 54,394 shares through a Deferred Compensation Account and 39,000 shares through an IRA.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transactions appear to be routine and related to tax obligations and gifting.
Industry Context
Form 4 filings are standard disclosures for corporate insiders, providing transparency into their transactions and sentiment regarding the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
- The sale of shares to cover taxes could be seen as a neutral event.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Date of stock transactions (sale and gift). |
| 05/08/2025 | Date of signature on the report. |
Keywords
Range Resources Corp, Director, James M. Funk, Stock Sale, Form 4, RRC, Deferred Compensation, IRA, Beneficial Ownership
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