Form 4: Ranger Energy Services Director Brett T. Agee Reports Share Distribution to Trust

Director Brett T. Agee reports a distribution of 93,874 Class A Common Stock shares to a trust and disclaims beneficial ownership of shares held by an LLC, except to the extent of his pecuniary interest.

Summary

• On May 1, 2025, Agee Family Interests, LP distributed 93,874 shares of Class A Common Stock to a trust for the benefit of Brett T. Agee.
• Agee is the beneficiary and trustee of the trust but disclaims beneficial ownership except to the extent of his pecuniary interest.
• Agee is a managing member of Bayou Well Holdings Company, LLC and disclaims beneficial ownership of 1,106,699 shares held by the LLC except to the extent of his pecuniary interest.
• Following the transaction, Agee directly owns 0 shares of Class A Common Stock.
• Agee indirectly owns 93,874 shares through a trust and 1,106,699 shares through an LLC.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider. It is common for directors and officers to manage their holdings through trusts and LLCs for estate planning and tax purposes.

Stakeholder Impact

• The transaction itself has minimal direct impact on stakeholders as it is a transfer of shares to a trust controlled by the director.

Key Dates

Keywords

Form 4, Beneficial Ownership, Class A Common Stock, Ranger Energy Services, Agee, Distribution, Trust, LLC