Form 4: Ranger Energy CEO Stuart Bodden's Stock Transactions
Insider Transaction Report
Ranger Energy Services CEO Stuart Bodden reported the conversion of restricted stock units into common stock and the subsequent sale of shares to cover tax obligations.
Summary
- Stuart Bodden, Chief Executive Officer and Director of Ranger Energy Services, Inc. (RNGR), reported transactions on March 13, 2026.
- Acquired 15,331 shares of Class A Common Stock through the conversion of Restricted Stock Units.
- Disposed of 20,292 shares of Class A Common Stock at a price of $16.7 per share to cover tax obligations related to the vesting of restricted stock and restricted stock units from 2023, 2024, and 2025.
- Following these transactions, Bodden directly beneficially owns 368,800 shares of Class A Common Stock and 30,668 Restricted Stock Units.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a largely neutral event, reflecting routine executive compensation activities. The vesting of RSUs is positive for the executive, while the tax-related sale is a standard procedural action.
Positives
- Vesting of 15,331 Restricted Stock Units, indicating performance milestones met and executive compensation being realized.
Negatives
- Disposition of 20,292 shares of Class A Common Stock to cover tax liabilities, reducing direct beneficial ownership.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to RSU vesting and tax withholding, are routine events in executive compensation. They provide transparency into executive holdings but typically do not signal significant strategic shifts or operational performance changes within the industry.
Stakeholder Impact
- Shareholders: Minimal direct impact on share price or company operations, as these are routine compensation-related transactions.
Key Dates
| Date | Description |
|---|---|
| 03/13/2026 | Date of reported transactions, including acquisition of common stock from RSU conversion and disposition of common stock for taxes. |
| 03/14/2026 | Date exercisable for remaining Restricted Stock Units. |
| 03/17/2026 | Date the Form 4 was signed by Stuart Bodden's Attorney-in-Fact. |
| 03/14/2028 | Expiration date for remaining Restricted Stock Units. |
Recommendation
holdThe filing details routine insider transactions related to executive compensation, specifically the vesting of restricted stock units and the subsequent sale of shares to cover tax liabilities. These are expected events and do not provide new information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as the filing does not present a catalyst for significant price movement.
Keywords
Ranger Energy Services, RNGR, Stuart Bodden, Form 4, insider trading, stock transaction, CEO, restricted stock units, RSU, stock vesting, tax withholding
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