DORMAN MARGARET K 4
4 · RANGE RESOURCES CORP · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Range Resources (RRC) Director Margaret Dorman Receives Stock Award
What Happened
Margaret K. Dorman, a director of Range Resources Corp. (RRC), received a grant of 4,967 shares on 2026-05-13 valued at $41.2745 per share (total ≈ $205,010). On 2026-05-14 the filing shows two "J" (other acquisition/disposition) entries: a disposition of 5,258 shares at $41.49 (≈ $218,154) and an acquisition of 5,258 shares at $41.49 (≈ $218,154). The grant is an award (acquisition) recorded on the Form 4; the J-code transactions reflect other transfers rather than a conventional open-market sale or purchase.
Key Details
- Grant (A): 4,967 shares @ $41.2745 (VWAP) on 2026-05-13 — total value ≈ $205,010. (Footnote F2: price is 5-day VWAP May 5–11, 2026.)
- Other transactions (J) on 2026-05-14: disposition of 5,258 shares @ $41.49 (≈ $218,154) and acquisition of 5,258 shares @ $41.49 (≈ $218,154).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — board-awarded shares vest 100% on the 1-year anniversary of the grant; F3 — the transfer from an indirect to direct holding is exempt from reporting but was voluntarily disclosed.
- Filing: Form 4 filed 2026-05-15 covering transactions on May 13–14 (filing appears timely).
- Transaction codes: A = Award/Grant; J = Other acquisition/disposition (often internal transfers or reclassifications).
Context
The 4,967-share award is compensation to a director and vests in full one year from the grant date, per the filing — this is an acquisition on record but not immediately tradable if vesting applies. The paired J-code disposition and acquisition of identical share amounts and price suggest an internal transfer or reclassification (per F3) rather than a market sale; such transfers are routine and do not necessarily indicate a change in sentiment.
Insider Transaction Report
- Award
Common Stock Unvested
[F1][F2]2026-05-13$41.27/sh+4,967$205,010→ 10,225 total(indirect: Unvested Stock) - Other
Common Stock Unvested
[F3]2026-05-14$41.49/sh−5,258$218,154→ 4,967 total(indirect: Unvested Stock) - Other
Common Stock
[F3]2026-05-14$41.49/sh+5,258$218,154→ 119,116 total
Footnotes (3)
- [F1]Shares awarded to the Board of Directors are vested 100% on the 1 year anniversary of the grant.
- [F2]Share price of $41.2745 detemined by 5-day volume weighted average price from May 5, 2026 to May 11, 2026.
- [F3]While the transfer of these shares from an indirect to direct holding is exempt from reporting, the reporting person nonetheless has voluntarily decided to disclose this information.