Form 4: Ranger Energy Services Director Brett T. Agee Sells Shares
SEC Form 4
Director Brett T. Agee reports the sale of Ranger Energy Services (RNGR) Class A Common Stock through Bayou Well Holdings Company, LLC.
Summary
- Brett T. Agee, a director at Ranger Energy Services, Inc. (RNGR), reported the sale of Class A Common Stock.
- The sales occurred between March 10, 2025, and March 13, 2025.
- A total of 53,321 shares were sold indirectly through Bayou Well Holdings Company, LLC, of which Agee is a managing member.
- The prices ranged from $14.50 to $14.85 per share.
- Following these transactions, Agee indirectly owns 1,795,675 shares of Class A Common Stock through Bayou Well Holdings Company, LLC.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports the sale of shares by a director. It doesn't inherently indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors for signals about a company's prospects, although individual sales don't always indicate a negative outlook.
Stakeholder Impact
- Shareholders may interpret the insider selling activity as a signal, although it's important to consider the context and the overall holdings of the reporting person.
Key Dates
| Date | Description |
|---|---|
| 03/10/2025 | First reported transaction date; sale of 439 shares at $14.50. |
| 03/11/2025 | Sale of 10,021 shares at a weighted average price of $14.513. |
| 03/12/2025 | Sale of 30,000 shares at a weighted average price of $14.6061. |
| 03/13/2025 | Sale of 7,864 shares at a weighted average price of $14.6518. |
| 03/14/2025 | Date of signature for the Form 4 filing. |
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