Form 4: Range Resources Executive Adjusts Share Holdings

Range Resources Corp. executive Dennis Degner has reported a transfer of 7,572 common shares from an indirect to a direct holding, valued at $39.78 per share.

Summary

• Dennis Degner, Chief Executive Officer & President of Range Resources Corp., has updated his beneficial ownership statement.
• The filing details a transaction on June 1, 2026, involving 7,572 shares of common stock.
• These shares were transferred from an indirect holding to a direct holding.
• The transaction price was $39.78 per share.
• Following this transfer, Degner directly owns 7,572 shares.
• Additionally, Degner holds 843,552 shares in a deferred compensation account and 190,485 unvested shares.
• As of June 1, 2026, Degner also holds 285,729 Performance Share Units (PSUs).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine administrative transfer of shares by an executive rather than a sale or purchase that would indicate a change in investment sentiment.

Positives

• The executive has voluntarily disclosed a transfer of shares, demonstrating transparency.
• The executive continues to hold a significant number of shares and performance units, indicating continued commitment to the company.

Future Outlook

The filing does not contain specific forward-looking statements or guidance regarding future financial performance. It primarily reports on a change in beneficial ownership.

Management Comments

• The transfer of these shares from an indirect holding to a direct holding is exempt from reporting, however the reporting person has voluntarily decided to disclose this information.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions in publicly traded companies, providing transparency into executive share ownership and activity within the energy sector.

Stakeholder Impact

• Shareholders: Increased transparency regarding executive share ownership, with a shift from indirect to direct holdings.
• Management: Demonstrates adherence to SEC reporting requirements and voluntary disclosure practices.

Key Dates

Keywords

Form 4, SEC Filing, Range Resources Corp, RRC, Beneficial Ownership, Stock Transfer, Executive Holdings, Common Stock, Dennis Degner