Form 4: Range Resources EVP & CFO Mark Scucchi Acquires Shares

Mark Scucchi, EVP & CFO of Range Resources, acquired 28,581 shares of common stock at a price of $37.7862 per share on February 5, 2025.

Summary

• On February 5, 2025, Mark Scucchi, the EVP & CFO of Range Resources, acquired 28,581 shares of common stock.
• The price per share was $37.7862, determined by a 5-day volume weighted average price.
• Following the transaction, Scucchi directly owns 690,094 shares and indirectly owns 108,807 unvested shares, 26,403.7504 shares in 401K, 45,144 shares in Def Comp Account and 12,077 shares in IRA.
• As of February 5, 2025, Scucchi also holds 215,089 unvested Performance Share Units (PSU's).

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The acquisition itself could be seen as slightly positive, but the document is primarily informational.

Positives

• The acquisition of shares by a high-ranking executive could be interpreted as a positive signal about the company's prospects.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's value and future performance. This transaction is a routine disclosure of such activity.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Range Resources, RRC, Mark Scucchi, EVP & CFO, share acquisition, Form 4, insider trading