Form 4: Ranger Energy Services Director Sells Shares

Sentiment:

SEC Form 4 Filing


Michael C. Kearney, a director of Ranger Energy Services, sold 2,245 shares of Class A Common Stock on August 1, 2024, at a price of $12.5 per share.

Summary

  • On August 1, 2024, Michael C. Kearney, a director of Ranger Energy Services, sold 2,245 shares of Class A Common Stock.
  • The sale price was $12.5 per share.
  • Following the transaction, Kearney directly owns 59,633 shares of Ranger Energy Services.
  • The transaction was reported on August 5, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of a transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company insiders.

Stakeholder Impact

  • The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold.

Key Dates

DateDescription
08/01/2024Date of transaction: Sale of shares
08/05/2024Date of report filing

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