4/A: Range Resources Executive Corrects Beneficial Ownership: Kavanaugh's Holdings Adjusted

Ashley Kavanaugh, VP at Range Resources, files an amended Form 4 to correct an overstatement of her beneficial ownership of company stock.

Summary

• Ashley Kavanaugh, VP and Principal Accounting Officer of Range Resources Corp, filed an amended Form 4 with the SEC.
• The amendment, dated February 14, 2025, corrects an error in the original filing from February 7, 2025.
• The error overstated Ms. Kavanaugh's beneficial ownership of company common stock by 864 shares.
• The corrected filing shows Ms. Kavanaugh beneficially owns 14,603 shares of common stock through a Deferred Comp Account.

Sentiment

Score: 7

Explanation: The document is a routine correction of a filing error. While the error itself is slightly negative, the correction is a positive sign of transparency and adherence to regulations.

Negatives

• An administrative error led to an initial overstatement of Ms. Kavanaugh's beneficial ownership of Range Resources stock.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments, like this one, are sometimes necessary to correct errors and ensure accuracy.

Stakeholder Impact

• The correction of the filing ensures accurate information is available to shareholders and the public.

Key Dates