Form 4: Range Resources EVP & CFO Mark Scucchi Reports Stock Sales

Mark Scucchi, EVP & CFO of Range Resources, reports the sale of common stock related to a deferred compensation plan distribution.

Summary

• Mark Scucchi, the EVP & CFO of Range Resources Corp, filed a Form 4 on March 20, 2025, reporting changes in beneficial ownership of the company's stock.
• The reported transactions involve the sale of 45,142 shares of common stock at $40.27 per share and 59,994 shares at $40.1455.
• These sales were related to a required distribution from the 2004 Deferred Compensation Plan and associated taxes.
• Following the reported transactions, Scucchi continues to beneficially own 690,094 shares of common stock directly, as well as 26,403.7504 shares in a 401K, 12,077 shares in an IRA, and 108,807 unvested shares.
• He also holds 156,502 Performance Share Units (PSU's).

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by an executive. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning or diversification strategies. It's important to consider the context of these sales within the broader industry and company performance.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, depending on how the market interprets the transaction.

Key Dates

Keywords

Form 4, Range Resources, Mark Scucchi, RRC, Stock Sale, Deferred Compensation, Beneficial Ownership, EVP & CFO