Form 4: Ranger Energy Services Exec VP, Well Services, J. Matt Hooker, Reports Acquisition and Disposal of Shares

J. Matt Hooker, Exec VP, Well Services at Ranger Energy Services, reports acquisition of 16,118 shares and disposal of 6,698 shares on March 3, 2025.

Summary

• On March 3, 2025, J. Matt Hooker, Exec VP, Well Services at Ranger Energy Services, acquired 16,118 shares of Class A Common Stock.
• These shares were earned for performance share units (PSUs) granted in 2022 for the three-year performance period ending December 31, 2024, as approved by the Compensation Committee on March 3, 2025.
• Also on March 3, 2025, Hooker disposed of 6,698 shares of Class A Common Stock at a price of $16.15.
• Following these transactions, Hooker beneficially owns 102,020 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The acquisition of shares due to performance is positive, but the disposal could raise concerns, though it's likely for tax purposes. Overall, it's a routine transaction.

Positives

• The acquisition of shares reflects the achievement of performance goals, which can be seen as a positive indicator.

Negatives

• The disposal of shares, while potentially for tax obligations, could be interpreted negatively by some investors.

Risks

• The disposal of shares by an executive could be perceived as a lack of confidence in the company's future performance, although this is not necessarily the case.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.

Stakeholder Impact

• Shareholders may view the transactions as part of the executive compensation structure.
• Employees may see the vesting of PSUs as a reflection of company performance.

Key Dates