Hooker J. Matt 4

What Happened
Hooker J. Matt, Executive Vice President, Well Services at Ranger Energy (RNGR), had derivative awards convert into 3,790 shares on March 13, 2026, and 5,120 shares were withheld/disposed to cover tax withholding. The filing shows the tax-withheld shares were valued at $16.70 each, totaling $85,504. One derivative conversion entry shows a $0.00 per-share disposition (net settlement/conversion) while the conversion/acquisition entry lists price as N/A (typical for restricted stock unit conversions).

Key Details

• Transaction date: 2026-03-13; Form 4 filed 2026-03-17 (timely filing within 2 business days).
• Actions reported: M = exercise/conversion of derivative (3,790 shares acquired); F = shares withheld for taxes (5,120 shares disposed).
• Tax withholding price/value: 5,120 shares at $16.70 = $85,504 withheld. One derivative disposition entry lists $0.00 proceeds (net conversion/settlement).
• Footnotes: F1 — each restricted stock unit converts into one share; F2 — shares withheld relate to tax withholding for RS/RSU vestings from 2023–2025.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context
This appears to be a routine conversion/settlement of restricted stock units or similar derivative awards with shares withheld to satisfy tax obligations (code F). Such tax-withholding disposals are common and don't necessarily indicate a deliberate market sell decision by the insider. Purchases are generally more informative about insider sentiment; this filing documents vesting/settlement and tax withholding rather than a discretionary market buy or sell.