Form 4: Ranger Energy Services Director Acquires Restricted Stock Units
SEC Form 4 Filing
Director Krishna Shivram acquired 8,945 restricted stock units in Ranger Energy Services, Inc. on July 25, 2024.
Summary
- Krishna Shivram, a director of Ranger Energy Services, Inc. (RNGR), reported a transaction on July 25, 2024.
- Shivram acquired 8,945 restricted stock units (RSUs) representing a right to receive Class A Common Stock.
- The RSUs vest on July 25, 2025.
- Following the transaction, Shivram directly owns 8,945 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of restricted stock units by a director can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 07/25/2024 | Date of transaction: acquisition of restricted stock units. |
| 07/25/2025 | Date the restricted stock units become exercisable and expire. |
| 07/29/2024 | Date of signature on the Form 4 filing. |
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