Form 4: Ranger Energy Services Director Sells 108,687 Shares

A director of Ranger Energy Services, Brett T. Agee, sold 108,687 shares of Class A Common Stock at an average price of $16.9363.

Summary

• Brett T. Agee, a director at Ranger Energy Services, sold 108,687 shares of Class A Common Stock on December 3, 2024.
• The shares were sold at a weighted average price of $16.9363, with individual transaction prices ranging from $16.75 to $17.105.
• Following the transaction, Mr. Agee indirectly owns 2,114,107 shares through Bayou Well Holdings Company, LLC.
• Mr. Agee disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale, with no inherent positive or negative sentiment.

Risks

• Large sales by insiders can sometimes be perceived negatively by the market.

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.

Industry Context

This is a routine filing related to insider trading activity and is common in the energy services industry.

Comparison to Industry Standards

• Insider trading activity is a common occurrence in publicly traded companies, and this transaction is within the normal range of such activities.
• Other companies in the energy services sector also experience similar insider transactions, which are typically disclosed through SEC filings.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment.

Key Dates

Keywords

Ranger Energy Services, insider trading, Form 4, stock sale, Brett T. Agee, Class A Common Stock, Bayou Well Holdings Company