Form 4: Range Resources Director Sells Shares in Recent Transaction
SEC Form 4 Filing
Range Resources director Reginal Spiller sold 2,800 shares of common stock at a price of $34.2401 per share on November 11, 2024.
Summary
- Reginal Spiller, a director at Range Resources Corp, sold 2,800 shares of common stock on November 11, 2024.
- The sale price was $34.2401 per share.
- Following the transaction, Mr. Spiller directly owns 12,453 shares of Range Resources common stock.
- He also indirectly owns 5,410 shares of unvested common stock.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of a stock sale by a director, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider and is typical for publicly traded companies. It does not indicate any specific trend in the oil and gas industry.
Comparison to Industry Standards
- Insider trading disclosures are a standard practice for all publicly listed companies, including Range Resources' competitors such as EQT Corporation and Southwestern Energy.
- The reporting requirements are consistent across the industry, ensuring transparency in insider transactions.
Stakeholder Impact
- The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial health.
Key Dates
| Date | Description |
|---|---|
| 11/11/2024 | Date of the stock sale transaction. |
| 11/12/2024 | Date the form was signed. |
Keywords
Range Resources, RRC, Reginal Spiller, stock sale, director, insider trading, common stock
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