Form 4: Range Resources Director Maxwell G Acquires 7,438 Shares
SEC Form 4 Filing
Director Greg G. Maxwell of Range Resources Corp. reports acquiring 7,438 shares of common stock at $36.97 per share on May 8, 2024.
Summary
- On May 8, 2024, Greg G. Maxwell, a director of Range Resources Corp., acquired 7,438 shares of common stock.
- The shares were acquired at a price of $36.97 per share.
- Following the transaction, Maxwell directly owns 97,985 unvested common stock.
- Maxwell also indirectly owns 32,518 shares through a deferred compensation account.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock transaction by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common in publicly traded companies. It provides transparency to investors regarding the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often seen as a sign of confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of transaction: Greg G. Maxwell acquired 7,438 shares of Range Resources Corp. common stock. |
| 05/09/2024 | Date of signature: Erin W. McDowell, attorney-in-fact, signed the Form 4 on behalf of Greg G. Maxwell. |
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