Form 4: RRC VP Sells Shares, Discloses Holdings

Range Resources VP, Principal Accounting Officer Ashley Kavanaugh reported the sale of common stock and updated beneficial ownership.

Summary

• Ashley Kavanaugh, VP, Principal Accounting Officer of Range Resources Corp (RRC), reported transactions involving the company's common stock.
• Sold 18,540 shares of common stock at a weighted average price of $42.00 per share on March 2, 2026.
• Sold an additional 836 shares of common stock at $41.88 per share on March 2, 2026, which was related to a required distribution from the 2004 Deferred Compensation Plan and associated taxes.
• The transaction involving 18,540 shares was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
• Following these reported transactions, direct beneficial ownership is 0 shares.
• Indirect beneficial ownership includes 887 shares in a Deferred Compensation Account, 11,452.8779 shares in a 401k Account, and 25,669 unvested shares.
• As of March 2, 2026, Ms. Kavanaugh also holds 10,999 Performance Share Units (PSUs).

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a slightly negative signal due to the significant insider sale, although the indication of a Rule 10b5-1 plan for the larger transaction suggests it was pre-scheduled and not necessarily a reaction to new negative information.

Negatives

• A key insider, the VP, Principal Accounting Officer, sold a significant number of shares (18,540 shares) in the open market.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that insider sales, even when pre-planned under Rule 10b5-1, are closely watched by investors in the energy sector as they can sometimes signal management's perspective on future stock performance or personal liquidity needs. Range Resources operates in the highly cyclical oil and gas industry, where executive compensation often includes equity components, leading to periodic sales for diversification or tax purposes.

Stakeholder Impact

• Shareholders: May interpret the insider sale as a slight negative signal, potentially impacting short-term sentiment.

Key Dates

Recommendation

While the insider sale by a key executive could be perceived negatively, the disclosure that the larger transaction was executed under a Rule 10b5-1 plan suggests it was pre-scheduled and not based on new, undisclosed material information. The smaller sale was for a required deferred compensation distribution. Given these mitigating factors, and without additional company-specific news, a 'hold' recommendation is appropriate, advising investors to monitor future company performance and insider activity.

Keywords

Range Resources, RRC, Insider Trading, Form 4, Stock Sale, Executive Compensation, Ashley Kavanaugh, Oil and Gas