Cline Brenda A 4

What Happened

• Brenda A. Cline, a director of Range Resources Corp. (RRC), received a board award of 4,967 shares on 2026-05-13 valued at $41.2745 per share (total ~$205,010). On 2026-05-14 the filing shows a non-market reclassification: 5,258 shares were reported as disposed at $41.49 ($218,154) and the same 5,258 shares were reported as acquired at $41.49 ($218,154). The reclassification did not reflect an open-market sale or purchase.

Key Details

• Grant: 4,967 shares; price used $41.2745 (5-day VWAP May 5–11, 2026); aggregate value ~$205,010.
• Reclassification (non-market): 5,258 shares disposed and 5,258 shares acquired on 2026-05-14 at $41.49 each (aggregate shown $218,154 for each leg).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 – the board award vests 100% on the 1-year anniversary of the grant; F2 – grant price set by 5‑day VWAP; F3 – the transfer from indirect to direct holding is exempt from reporting but disclosed voluntarily.
• Timeliness: Form filed 2026-05-15 for transactions dated 2026-05-13/14 — filing appears to be timely.

Context

• The 4,967-share entry is an award (not an open-market buy), so it reflects compensation/board pay rather than a direct market-view by the director. The paired disposed/acquired J-code entries reflect an internal transfer between indirect and direct holdings and do not indicate economic selling or a net change in beneficial ownership.