Form 4: Ranger Energy Services Exec VP Hooker Reports Tax-Related Stock Disposal
SEC Form 4 Filing
J. Matt Hooker, Executive VP of Well Services at Ranger Energy Services, reports disposing of 6,125 shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 14, 2025, J. Matt Hooker, Executive VP of Well Services at Ranger Energy Services, disposed of 6,125 shares of Class A Common Stock.
- The shares were withheld to cover tax obligations related to the vesting of restricted stock grants made in 2022, 2023, and 2024.
- The transaction price was $14.26 per share.
- Following the transaction, Hooker directly owns 95,894 shares of Ranger Energy Services.
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
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax-related stock disposal, which is a common occurrence when restricted stock vests.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of stock disposal for tax obligations. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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