Form 4: Ranger Energy Director Sells $168K in Stock

Ranger Energy Services Director Brett T. Agee sold 13,138 shares of Class A Common Stock over two days in August 2025, totaling approximately $168,000.

Summary

• Director Brett T. Agee of Ranger Energy Services, Inc. sold a total of 13,138 shares of Class A Common Stock.
• On August 19, 2025, 10,000 shares were sold at a weighted average price of $12.83 per share, with prices ranging from $12.80 to $12.94.
• On August 20, 2025, an additional 3,138 shares were sold at a weighted average price of $12.81 per share, with prices ranging from $12.80 to $12.815.
• The total value of shares sold across both transactions is approximately $168,000.
• Following these sales, Agee directly owns 6,262 shares and indirectly holds 1,047,414 shares through Bayou Well Holdings Company, LLC, and 93,874 shares through a Trust.
• The transactions were conducted under a Rule 10b5-1(c) plan.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to a director selling shares, which can be perceived as a lack of confidence. However, the impact is mitigated by the fact that the sales were pre-scheduled under a Rule 10b5-1 plan, suggesting they were not based on new, adverse information. The director still retains significant indirect ownership.

Positives

• The sales were conducted under a Rule 10b5-1(c) plan, indicating they were pre-scheduled and not necessarily based on new, negative material non-public information.

Negatives

• A director selling shares can be perceived as a negative signal by investors, potentially indicating a lack of confidence in the company's future prospects, even if pre-scheduled.
• The sales represent a reduction in direct and indirect beneficial ownership by a key insider.

Risks

• Investor perception risk: Insider selling, even if pre-planned, can lead to negative market sentiment and potentially put downward pressure on the stock price.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The reporting person is a managing member of Bayou Well Holdings Company, LLC and the beneficiary and trustee of a Trust, through which he indirectly holds a significant portion of his shares. He disclaims beneficial ownership except to the extent of his pecuniary interest in these entities.

Stakeholder Impact

• Shareholders: May interpret the insider selling as a negative signal, potentially leading to downward pressure on the stock price.

Key Dates

Recommendation

The director's sale of shares, while a reduction in insider ownership, was conducted under a Rule 10b5-1 plan, which suggests the transaction was pre-scheduled and not necessarily driven by new, adverse material non-public information. The director retains significant indirect beneficial ownership. Therefore, while the sale is a minor negative signal, it does not warrant an immediate "sell" recommendation. Investors should hold and monitor future filings and company performance.

Keywords

Ranger Energy Services, RNGR, Brett T. Agee, insider trading, Form 4, stock sale, director, energy services, oilfield services, 10b5-1 plan