Form 4: Ranger Energy Services EVP Melissa Cougle Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Melissa Cougle, EVP & Chief Financial Officer of Ranger Energy Services, reports disposing of 7,734 shares of Class A Common Stock to cover tax obligations related to vesting restricted stock grants.
Summary
- On March 14, 2025, Melissa Cougle, the EVP & Chief Financial Officer of Ranger Energy Services, disposed of 7,734 shares of Class A Common Stock.
- The transaction was executed at a price of $14.26 per share.
- This disposal was to cover tax obligations related to the vesting of restricted stock grants made in 2022, 2023, and 2024.
- Following the transaction, Cougle beneficially owns 77,006 shares of Ranger Energy Services Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This filing is a routine disclosure related to insider transactions and is common for executives who receive stock-based compensation. It reflects the executive's management of their personal tax obligations related to vested stock.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of stock disposal transaction |
| 03/18/2025 | Date of signature on the Form 4 filing |
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