Form 4: Ranger Energy Services Director Sells 30,000 Shares

A director of Ranger Energy Services, Krishna Shivram, sold 30,000 shares of Class A Common Stock at an average price of $16.8991 on November 22, 2024.

Summary

• Krishna Shivram, a director at Ranger Energy Services, sold 30,000 shares of Class A Common Stock on November 22, 2024.
• The sale was executed at a weighted average price of $16.8991 per share.
• The prices for the shares sold ranged from $16.81 to $16.95.
• Following the transaction, Mr. Shivram directly owns 31,905 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine disclosure of a stock sale by a company director, which is common in the energy services industry. Such transactions are closely monitored by investors for insights into management's view of the company's prospects.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider trading disclosures.
• Comparable companies in the energy services sector also have directors and officers who regularly buy and sell shares, and these transactions are also disclosed via Form 4 filings.

Stakeholder Impact

• The sale of shares by a director may be of interest to shareholders, as it could be interpreted as a signal of the director's view of the company's future prospects.

Key Dates

Keywords

Ranger Energy Services, insider trading, stock sale, director, Class A Common Stock, Form 4