Ranger Energy (RNGR) CEO exercises 15,331 RSUs and withholds 20,292 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ranger Energy Services CEO Stuart Bodden exercised restricted stock units and settled related taxes in shares. On March 13, 2026, he exercised 15,331 restricted stock units, each converting into one share of Class A Common Stock, acquiring 15,331 shares at a conversion price of $0.00 per share.
To cover tax obligations tied to vesting of restricted stock and restricted stock units granted in 2023, 2024, and 2025, 20,292 shares of Class A Common Stock were withheld at $16.70 per share. Following these transactions, Bodden directly holds 368,800 shares of Class A Common Stock and 30,668 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
15,331 shares exercised/converted
Mixed
3 txns
Insider
Bodden Stuart
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 15,331 | $0.00 | -- |
| Exercise | Class A Common Stock | 15,331 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 20,292 | $16.70 | $339K |
Holdings After Transaction:
Restricted Stock Unit — 30,668 shares (Direct);
Class A Common Stock — 389,092 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer. Represents shares withheld for taxes regarding the vesting of restricted stock and restricted stock units made in 2023, 2024, and 2025.
FAQ
How many restricted stock units did the RNGR CEO exercise and what did they convert into?
The CEO exercised 15,331 restricted stock units, each representing the right to receive one share of Ranger Energy Class A Common Stock without payment. This exercise converted into 15,331 shares on March 13, 2026, increasing his direct common stock ownership before tax withholding.
Were the RNGR CEO’s Form 4 transactions open-market purchases or sales?
The transactions were not open-market trades. They involved the exercise of 15,331 restricted stock units into Class A Common Stock at a conversion price of $0.00 per share and a separate share withholding of 20,292 shares to pay tax liabilities associated with prior equity award vesting.
What prices are associated with the RNGR CEO’s March 13, 2026 equity transactions?
The restricted stock units were exercised at a conversion price of $0.00 per share, reflecting no cash payment for the shares. The 20,292 shares withheld for tax obligations were valued at $16.70 per share, according to the Form 4 transaction details for the non-derivative disposition.