Form 4: Ranger Energy Services CEO Stuart Bodden Reports Stock Disposal
SEC Form 4 Filing
CEO Stuart Bodden of Ranger Energy Services reports disposing of 8,705 shares to cover tax obligations.
Summary
- On March 15, 2024, Stuart Bodden, the CEO of Ranger Energy Services, reported a transaction involving Class A Common Stock.
- Bodden disposed of 8,705 shares to cover tax obligations at a price of $11.58 per share.
- Following the transaction, Bodden directly owns 194,643 shares of Ranger Energy Services.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. The disposal of shares to cover tax obligations is a common practice and doesn't necessarily indicate a negative outlook.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock disposal transaction |
| 03/19/2024 | Date of Form 4 filing |
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