Maxwell Greg G 4

What Happened

• Greg G. Maxwell, a director of Range Resources Corp. (RRC), received a board award of 6,784 shares on 2026-05-13 valued at about $41.27/share (total ~$280,006).
• On 2026-05-14 the filing shows a same-day disposition and acquisition of 7,182 shares at $41.49/share (each leg valued at $297,981). Those J-code entries reflect an internal transfer between holdings rather than an open-market sale.

Key Details

• Transaction dates and prices:
  • 2026-05-13: Award (A) — 6,784 shares @ $41.27 (VWAP noted as $41.2745) = $280,006 (approx).
  • 2026-05-14: Other disposition (J) — 7,182 shares @ $41.49 = $297,981.
  • 2026-05-14: Other acquisition (J) — 7,182 shares @ $41.49 = $297,981.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Notable footnotes:
  • F1: Awarded shares vest 100% on the one-year anniversary of the grant.
  • F2: Award price based on 5‑day VWAP (May 5–11, 2026).
  • F3: The 7,182-share transfer was a move from an indirect to direct holding; this transfer is exempt from reporting but was voluntarily disclosed.
• Filing timeliness: Form 4 filed 2026-05-15 for transactions on 5/13–5/14. No late filing indicated.

Context

• The 6,784-share entry is a compensation award to a board member (acquisition), not an open‑market purchase; vesting occurs in one year, so these shares are not immediately liquid.
• The paired J-code sale and purchase on 5/14 appear to be an internal transfer of shares between holdings (indirect → direct) rather than a market sale, per footnote F3.
• For retail investors: awards and internal transfers are routine insider-reporting events and do not necessarily signal a change in the director’s view of the company’s stock.