Form 4: Range Resources SVP & General Counsel Erin McDowell Reports Stock Sale and Deferred Compensation Plan Distribution

Erin McDowell, SVP & General Counsel of Range Resources, reports the sale of 18,028 shares to cover withholding taxes and a transfer of shares related to a deferred compensation plan distribution.

Summary

• On May 16, 2024, Erin McDowell, SVP & General Counsel of Range Resources, sold 18,028 shares of common stock at a price of $36.91 per share to cover withholding taxes related to a distribution from the 2004 Deferred Compensation Plan.
• On June 3, 2024, there was a transfer of 18,028 shares from an indirect holding to a direct holding due to a scheduled deferred compensation plan distribution.
• Following these transactions, McDowell directly owns 60,251 shares of common stock and indirectly owns 22,147 shares through a deferred compensation account, as well as 64,005 unvested shares.
• As of May 16, 2024, McDowell also holds 23,148 Performance Share Units (PSUs).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the energy sector and other publicly traded companies.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares, but the amount is relatively small.
• The deferred compensation plan distribution impacts the executive's personal holdings and tax obligations.

Key Dates