Form 4: Ranger Energy Services CFO Melissa Cougle Reports Stock Disposal
SEC Form 4 Filing
Melissa Cougle, CFO of Ranger Energy Services, disposed of 3,053 shares of Class A Common Stock on March 15, 2024, to cover tax obligations.
Summary
- On March 15, 2024, Melissa Cougle, the Chief Financial Officer of Ranger Energy Services, Inc. (RNGR), disposed of 3,053 shares of Class A Common Stock.
- The transaction was executed at a price of $11.58 per share.
- Following the transaction, Cougle directly owns 64,342 shares of Ranger Energy Services, Inc.
- The transaction was reported on March 19, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a stock disposal by an insider, which is a routine event. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and are closely watched by investors for signals about a company's prospects.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as insider transactions are often scrutinized for insights into management's view of the company's value.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock disposal transaction |
| 03/19/2024 | Date of Form 4 filing |
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