Form 4: Ranger Energy Services CFO Melissa Cougle Reports Stock Grant
SEC Form 4 Filing
Melissa Cougle, CFO of Ranger Energy Services, reports the acquisition of 21,359 shares of Class A Common Stock on February 29, 2024, as part of a restricted stock grant.
Summary
- On February 29, 2024, Melissa Cougle, the Chief Financial Officer of Ranger Energy Services, acquired 21,359 shares of Class A Common Stock.
- The acquisition was a grant of restricted stock.
- The restricted stock vests annually in three equal installments.
- Following the transaction, Cougle directly owns 67,395 shares of Ranger Energy Services Class A Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. It reflects a standard executive compensation practice, indicating confidence in the company's future performance.
Positives
- The grant of restricted stock to the CFO aligns her interests with those of the shareholders.
Industry Context
Stock grants are a common form of executive compensation in the energy services industry, aligning management incentives with shareholder value.
Stakeholder Impact
- The stock grant aligns the CFO's interests with those of the shareholders, potentially leading to better decision-making for the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of transaction: Melissa Cougle acquired 21,359 shares of Class A Common Stock. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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