McDowell Erin W 4

What Happened

• Erin W. McDowell, Senior Vice President & General Counsel of Range Resources (RRC), reported two related transactions tied to a prior equity award that vested on January 31, 2026. The filing shows a disposition of 17,186 shares at $37.85 each (proceeds $650,490) and an acquisition of 9,506 shares at $37.85 each (value $359,802). These entries reflect the net settlement of a vesting event rather than an open-market investment decision.

Key Details

• Transaction date: January 31, 2026; Filing date: February 3, 2026.
• Price per share: $37.85 for both the disposition and acquisition.
• Amounts: Disposed 17,186 shares (total $650,490); Acquired 9,506 shares (total $359,802).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes from the filing:
  • F1: These shares relate to gross shares vesting from the January 31, 2023 annual equity award granted before the reporting-person status.
  • F2: The reported transactions reflect net share settlement and tax withholding associated with cliff vesting of the award.
• Transaction code: J (other acquisition or disposition) — here used to record shares withheld/surrendered and shares issued/received.
• Filing timing: Reported Feb 3 for a Jan 31 transaction; the filing was submitted shortly after the vesting date.

Context

• This pattern—surrendering/withholding shares to cover taxes while receiving the net vested shares—is a routine administrative settlement of an equity award and does not by itself indicate a market view. The insider both received vested shares (retained ~9.5k shares) and had shares withheld/surrendered for taxes (~17.2k shares).