Form 4: Range Resources Director Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Range Resources Director Margaret K. Dorman sold a total of 12,500 shares of common stock across two transactions in mid-March 2026 under a pre-arranged trading plan.
Summary
- Margaret K. Dorman, a Director of Range Resources Corp (RRC), reported the sale of common stock.
- On March 17, 2026, 9,820 shares were sold at an average price of $43.42 per share, with execution prices ranging from $43.35 to $43.54.
- On March 18, 2026, an additional 2,680 shares were sold at an average price of $43.24 per share, with execution prices ranging from $43.12 to $43.39.
- These transactions were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase or sale of equity securities.
- Following these transactions, Margaret K. Dorman directly beneficially owns 113,858 shares of common stock.
- Additionally, 5,258 unvested shares are indirectly beneficially owned.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. The sale of shares by a director, especially when conducted under a Rule 10b5-1 plan, is typically for personal financial planning and does not necessarily indicate a change in the company's fundamental outlook or performance.
Industry Context
StockSavvy.ai notes that insider sales, particularly those executed under a Rule 10b5-1 plan, are a common occurrence for corporate executives and directors. These plans allow insiders to sell a predetermined number of shares at a predetermined time or price, helping them manage personal finances while avoiding accusations of trading on material non-public information.
Key Dates
| Date | Description |
|---|---|
| 03/17/2026 | Sale of 9,820 shares of common stock by Director Margaret K. Dorman. |
| 03/18/2026 | Sale of 2,680 shares of common stock by Director Margaret K. Dorman. |
| 03/19/2026 | Date the Form 4 filing was signed by attorney-in-fact Erin W. McDowell. |
Keywords
Range Resources, RRC, Insider Trading, Form 4, Stock Sale, Director, Margaret K Dorman, 10b5-1 Plan
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