Range Impact Insider Buys 2,333,333 Shares; Ownership Rises to 19.13M
Rhea-AI Filing Summary
Joseph E. LoConti, a director of Range Impact, Inc. (RNGE), reported an insider purchase on 09/23/2025. He acquired 2,333,333 shares of common stock at $0.15 per share, increasing his reported indirect beneficial ownership to 19,130,479 shares through entities including Tower IV, LLC, Paragon Small Cap Fund LP, 4260 Winchell Road and the Joseph E. LoConti Revocable Trust.
Positive
- Insider purchase reported: Joseph E. LoConti acquired 2,333,333 shares at $0.15 on 09/23/2025
- Increased reported ownership: Indirect beneficial ownership totals 19,130,479 shares after the transaction
Negative
- None.
Insights
TL;DR: Significant insider purchase reported; increases reported indirect ownership to over 19 million shares.
The Form 4 discloses a purchase of 2,333,333 common shares at $0.15 each by reporting person Joseph E. LoConti on 09/23/2025. The filing shows the shares are held indirectly across multiple entities, and total reported indirect beneficial ownership is 19,130,479 shares after the transaction. This is a direct disclosure of an insider acquisition; the filing contains no additional context such as purpose, vesting, or related agreements.
TL;DR: Routine Section 16 disclosure of insider purchase; ownership is largely indirect via affiliated entities.
The statement is a standard Section 16 Form 4 reporting a purchase transaction (code P). It identifies the reporting person as a director and lists indirect ownership through several entities. The form is signed and dated 09/25/2025. There are no derivative transactions or explanatory disclosures beyond the acquisition and beneficial ownership schedule.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.001 per share | 2,333,333 | $0.15 | $350K |
| holding | Common Stock, par value $0.001 per share | -- | -- | -- |
| holding | Common Stock, par value $0.001 per share | -- | -- | -- |
| holding | Common Stock, par value $0.001 per share | -- | -- | -- |
Footnotes (1)
