Kendall Christian S 4

What Happened
Kendall Christian S, a director of Range Resources Corp. (RRC), was granted 4,967 shares on May 13, 2026 (reported as an acquisition/award) at a grant price of $41.2745 (VWAP), valued at about $205,010. On May 14, 2026 the filing shows two matching entries of 5,258 shares at $41.49 each (one disposed and one acquired, each valued at $218,154). The May 14 pair represents an internal transfer (not an open-market sale or purchase), while the May 13 entry is an award to the director (a purchase/acquisition-type event).

Key Details

• Transaction dates and prices:
  • 2026-05-13: Award of 4,967 shares at $41.2745 (5-day VWAP) — total ~$205,010. (Code A)
  • 2026-05-14: Disposition of 5,258 shares at $41.49 — $218,154. (Code J)
  • 2026-05-14: Acquisition of 5,258 shares at $41.49 — $218,154. (Code J)
• Shares owned after transaction: Not stated in this filing.
• Footnotes:
  • F1: Awarded shares vest 100% on the one-year anniversary of the grant (5/13/2027).
  • F2: Grant price $41.2745 was set using the 5-day VWAP from May 5–11, 2026.
  • F3: The matching May 14 disposal and acquisition reflect a transfer from an indirect to a direct holding; reporting was voluntary even though that transfer is exempt.
• Filing timeliness: Report filed 2026-05-15 for transactions on 5/13–5/14; no late filing is indicated (filed within the standard Form 4 reporting window).

Context

• The primary actionable item for investors is the director grant: a ~5,000-share award worth roughly $205K that vests in one year.
• The May 14 J-code entries are internal transfers (indirect → direct) and do not reflect an open-market sale or purchase of new economic exposure.
• Awards and transfers by directors are routine governance/compensation events and do not by themselves indicate insider trading intent.