Form 4: Ranger Energy Services CEO Stuart Bodden Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Ranger Energy Services CEO Stuart Bodden disposed of 17,612 shares of Class A Common Stock on March 14, 2025, to cover tax obligations related to vesting restricted stock grants.
Summary
- On March 14, 2025, Stuart Bodden, the CEO of Ranger Energy Services, disposed of 17,612 shares of Class A Common Stock.
- The transaction was executed at a price of $14.26 per share.
- This disposal was to cover tax obligations arising from the vesting of restricted stock grants made in 2022, 2023, and 2024.
- Following the transaction, Bodden directly owns 323,734 shares of Ranger Energy Services.
- The transaction was reported on March 18, 2025.
Sentiment
Score: 6
Explanation: Neutral sentiment as the filing reports a routine transaction related to tax obligations. It doesn't indicate a significant shift in the company's prospects or management's confidence.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of stock disposal transaction. |
| 03/18/2025 | Date of Form 4 filing. |
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