Form 4: RRC CFO Sells Shares, Donates Stock

Range Resources CFO Mark Scucchi reported selling 30,000 shares and gifting 5,000 shares of common stock on March 2, 2026.

Summary

• Mark Scucchi, Executive Vice President and Chief Financial Officer of Range Resources Corp (RRC), reported transactions on March 2, 2026.
• Scucchi sold 30,000 shares of common stock at a weighted average price of $41.6629 per share.
• Additionally, Scucchi donated 5,000 shares of common stock as a bona fide gift to a charitable donor advised fund.
• Following these transactions, Scucchi directly owns 655,094 shares of common stock.
• Indirect holdings include 140,831 unvested stock, 26,653.5029 shares in a 401k account, and 12,076.7 shares in an IRA.
• As of March 2, 2026, Scucchi also holds 204,538 Performance Share Units (PSUs).

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a moderately negative signal due to the significant share sale by a key executive, which often raises investor concerns, though partially offset by a charitable donation and still substantial remaining holdings.

Positives

• The charitable donation of 5,000 shares demonstrates philanthropic activity by a key executive.

Negatives

• The sale of 30,000 shares by a high-ranking executive (EVP & CFO) could be perceived negatively by investors, potentially signaling a need for personal liquidity or a lack of confidence.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider selling by a Chief Financial Officer, especially of a significant number of shares, can sometimes be interpreted by the market as a signal regarding the executive's perception of the company's near-term prospects or a need for personal liquidity. In the energy sector, such transactions are often scrutinized for insights into executive confidence amidst fluctuating commodity prices and operational challenges.

Stakeholder Impact

• Shareholders: May interpret the insider sale as a negative signal, potentially impacting investor confidence and stock price.

Key Dates

Recommendation

While the sale of shares by a CFO can be a negative signal, the overall holdings remain substantial, including unvested stock and PSUs. The transaction could be for personal financial planning rather than a lack of confidence. Investors should hold and monitor future insider activity and company performance.

Keywords

Range Resources, RRC, Mark Scucchi, CFO, Insider Trading, Stock Sale, Form 4, Equity Transaction, Energy Sector, Oil and Gas