Degner Dennis 4

What Happened

• Dennis Degner, CEO of Range Resources Corp (RRC), was granted 64,600 shares on February 10, 2026. The grant is reported as an award/acquisition (code A) at a per-share value of $36.22 (VWAP-based), for a total reported value of roughly $2,339,974. This was an equity award, not an open-market buy or sale.

Key Details

• Transaction date: 2026-02-10; Report filed: 2026-02-12 (appears timely).
• Shares granted: 64,600; Price used: $36.2225 (5-day VWAP from Feb 2–6, 2026); Total value ≈ $2.34M.
• Vesting/tax note: Shares are subject to a three-year cliff vesting period and will be settled net of taxes upon vesting (i.e., shares delivered will be reduced for tax withholding).
• Additional holdings: As of Feb 10, 2026, Mr. Degner also holds 373,401 Performance Share Units (PSUs) per the filing.
• Transaction type: Award (A) — not a purchase or sale; no immediate cash proceeds or open-market activity reported.

Context

• This grant reflects executive compensation (future equity) rather than an immediate market bet. Because it’s a three-year cliff award, the shares won’t vest until the cliff is reached; net settlement for taxes means the actual number of shares delivered at vesting will be lower. For retail investors, awards signal management compensation alignment with shareholders but are different from insider purchases, which can be seen as a more direct bullish signal.