Form 4: RRC CFO Scucchi Reports Vesting, Tax Withholding, Share Transfers

Range Resources CFO Mark Scucchi disclosed the vesting of restricted stock, shares withheld for tax obligations, and internal transfers of common stock.

Summary

• Mark Scucchi, EVP & CFO of Range Resources Corp (RRC), reported changes in his beneficial ownership of company stock.
• On March 15, 2026, 43,189 shares of restricted stock, granted on March 15, 2023, vested.
• 16,995 shares were withheld by the Issuer to satisfy tax liability related to this vesting, at a price of $43.51 per share.
• No shares were sold by Mr. Scucchi to cover this tax liability.
• An internal transfer of 26,194 shares occurred, moving from an indirect holding of unvested stock to a direct holding of common stock.
• Following these transactions, Mr. Scucchi directly owns 681,288 shares of Common Stock and indirectly owns 97,642 unvested shares, 26,653.5029 shares in a 401k Account, and 12,076.7 shares in an IRA.
• As of March 15, 2026, Mr. Scucchi also holds 204,538 Performance Share Units (PSUs).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It is a routine disclosure of executive compensation and tax-related share withholding, not indicative of discretionary buying or selling activity that would signal strong positive or negative sentiment.

Positives

• The vesting of restricted stock represents a realization of compensation for the EVP & CFO, indicating a benefit to the executive.
• Shares were withheld by the Issuer for tax purposes, rather than being sold by the reporting person, which suggests a continued holding intent by the executive.
• A significant portion of shares (26,194) were transferred from indirect to direct ownership, increasing the executive's direct stake in the company.

Future Outlook

The filing indicates that Mr. Scucchi holds 204,538 Performance Share Units (PSUs) as of March 15, 2026, which represent potential future equity awards subject to performance conditions.

Industry Context

StockSavvy.ai notes that this Form 4 filing details routine insider transactions related to executive compensation and tax obligations, which are common occurrences across all industries for publicly traded companies. It does not provide specific insights into broader industry trends for the energy sector but rather reflects an individual executive's equity holdings and compensation structure.

Stakeholder Impact

• Shareholders: The filing provides transparency into executive compensation and equity ownership, which is important for corporate governance and understanding management's alignment with shareholder interests. The withholding of shares for tax rather than a market sale may be viewed positively as it indicates continued executive holding.
• Employees: No direct impact on general employees is indicated by this filing.

Key Dates

Keywords

Range Resources, RRC, SEC Form 4, Insider Trading, Beneficial Ownership, Restricted Stock, Stock Vesting, Tax Withholding, Executive Compensation, CFO, Mark Scucchi