Form 4: Ranger Energy Services Director Sells 100,000 Shares

Director Brett T. Agee sold 100,000 shares of Ranger Energy Services, Inc. (RNGR) Class A Common Stock at a weighted average price of $14.0663 on March 21, 2025.

Summary

• On March 21, 2025, Brett T. Agee, a director of Ranger Energy Services, Inc., sold 100,000 shares of Class A Common Stock.
• The shares were sold at a weighted average price of $14.0663.
• The price range for the sales was between $14.00 and $14.39.
• Following the transaction, Agee directly owns 1,677,355 shares.
• Agee also has indirect ownership through Bayou Well Holdings Company, LLC.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock sale by a director. The sale itself doesn't necessarily indicate a positive or negative outlook.

Management Comments

• The reporting person is a managing member of Bayou Well Holdings Company, LLC.
• He disclaims beneficial ownership except to the extent of his pecuniary interest therein.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity, which is common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.

Stakeholder Impact

• The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the size of the transaction relative to the total outstanding shares.

Key Dates

Keywords

Ranger Energy Services, RNGR, Form 4, Insider Trading, Brett T. Agee, Stock Sale, Director, Class A Common Stock