Form 4: Ranger Energy Services Director Sells 61,905 Shares

Ranger Energy Services director Brett T. Agee sold 61,905 shares of Class A Common Stock at an average price of $16.6726.

Summary

• Brett T. Agee, a director at Ranger Energy Services, sold 61,905 shares of Class A Common Stock on November 21, 2024.
• The shares were sold at a weighted average price of $16.6726, with individual transaction prices ranging from $16.50 to $16.915.
• Following the transaction, Mr. Agee directly owns 0 shares of Class A Common Stock.
• Mr. Agee indirectly owns 2,614,107 shares through Bayou Well Holdings Company, LLC, which he co-owns and manages with Richard E. Agee.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing regarding a director's stock sale. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States.
• The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.
• Similar filings are made by directors and officers of all publicly traded companies, such as Halliburton, Schlumberger, and Baker Hughes.

Stakeholder Impact

• The sale of shares by a director may be of interest to shareholders, but it is a common occurrence and does not necessarily indicate a change in the company's prospects.

Key Dates

Keywords

Ranger Energy Services, insider trading, stock sale, Form 4, director, equity securities