Form 4: Ranger Energy Services SVP Acquires Restricted Stock Units

J. Matt Hooker, SVP of Well Services at Ranger Energy Services, reports acquisition of restricted stock units.

Summary

• On February 26, 2025, J. Matt Hooker, SVP of Well Services at Ranger Energy Services, acquired 11,373 restricted stock units (RSUs).
• Each RSU represents the right to receive one share of Class A Common Stock of the Issuer without payment.
• The RSUs vest in three equal annual installments, starting on March 15, 2026.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and aligns management interests with shareholders.

Positives

• The acquisition of RSUs aligns the executive's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Industry Context

This type of equity compensation is common in the energy services industry to attract and retain key personnel.

Comparison to Industry Standards

• Granting restricted stock units is a standard practice among publicly traded companies, including competitors like Halliburton (HAL), Schlumberger (SLB), and Baker Hughes (BKR), to incentivize executives.
• The vesting schedule of three years is also typical in the industry, aligning with long-term performance goals.

Stakeholder Impact

• Shareholders may view this as a positive sign, aligning management's interests with the company's long-term success.
• Employees may see this as a sign of stability and commitment from the leadership team.

Key Dates