Form 4: RRC Executive Ashley Kavanaugh Acquires 9,855 Shares
Insider Transaction Report
Range Resources VP, Principal Accounting Officer Ashley Kavanaugh acquired 9,855 unvested common shares at $36.2225 per share.
Summary
- Ashley Kavanaugh, VP, Principal Accounting Officer of Range Resources Corp (RRC), acquired 9,855 shares of unvested common stock.
- The transaction occurred on February 10, 2026.
- The shares were acquired at a price of $36.2225 per share, determined by a 5-day volume-weighted average price from February 2, 2026, through February 6, 2026.
- These shares are subject to a three-year cliff vesting period and will be settled net of taxes upon vesting.
- Following this transaction, Kavanaugh beneficially owns 25,669 unvested shares, 18,540 direct common shares, 11,452.8779 common shares in a 401k account, and 1,723 common shares in a deferred compensation account.
- Additionally, Kavanaugh holds 10,999 Performance Share Units (PSUs) as of February 10, 2026.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a moderately positive signal, as an executive's acquisition of shares, even unvested, typically indicates confidence in the company's future prospects and aligns their interests with shareholders.
Positives
- An executive acquiring shares, even if unvested, can signal confidence in the company's future performance.
- The acquisition of 9,855 shares increases the executive's stake in the company, aligning their interests with shareholders.
Negatives
- The acquired shares are unvested, meaning the executive does not have full ownership immediately and their value is tied to future performance and continued employment over a three-year cliff vesting period.
Risks
- The value of the acquired shares is subject to market fluctuations, as the price was determined by a volume-weighted average price.
- The unvested nature of the shares means the executive's beneficial ownership is contingent on meeting the three-year cliff vesting period and continued employment.
Future Outlook
The filing indicates a three-year cliff vesting period for the acquired shares, suggesting a long-term incentive structure for the executive and aligning their interests with the company's sustained performance.
Industry Context
StockSavvy.ai notes that insider acquisitions, particularly of unvested shares as part of compensation, are common in the energy sector to align executive incentives with long-term shareholder value, especially for companies like Range Resources Corp operating in the natural gas and oil exploration and production industry.
Comparison to Industry Standards
- Equity awards with multi-year vesting periods are a standard component of executive compensation packages across various industries, including the energy sector, designed to promote long-term retention and performance alignment.
- Without specific details on Range Resources Corp's peer group compensation data or the company's overall compensation philosophy, a direct comparison to specific comparable companies or projects is not feasible based solely on this filing.
Stakeholder Impact
- Shareholders: Potentially positive signal of management confidence and alignment of interests, which could foster investor trust.
- Employees: No direct impact on the broader employee base is mentioned, but executive compensation practices can indirectly influence overall employee morale and retention strategies.
Next Steps
- The acquired 9,855 shares will vest after a three-year cliff period, at which point they will be settled net of taxes.
Key Dates
| Date | Description |
|---|---|
| 02/02/2026 | Start of 5-day volume weighted average price period for share price determination. |
| 02/06/2026 | End of 5-day volume weighted average price period for share price determination. |
| 02/10/2026 | Date of transaction for acquisition of unvested common stock and date for PSU holdings. |
| 02/12/2026 | Signature date of the reporting person's attorney-in-fact. |
Keywords
Range Resources Corp, RRC, Ashley Kavanaugh, Insider Trading, Form 4, Stock Acquisition, Unvested Stock, Equity Award, Executive Compensation
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