KEARNEY MICHAEL C 4
Research Summary
AI-generated summary
Ranger Energy (RNGR) Director Michael C. Kearney Receives Award
What Happened
Michael C. Kearney, a director of Ranger Energy Services, Inc. (RNGR), received an award of 7,259 restricted stock units (RSUs) on May 15, 2026. The filing reports this as an "A" (award/grant) derivative acquisition; no purchase price or immediate cash value is listed in the Form 4. RSUs are rights to receive shares in the future (see footnote).
Key Details
- Transaction date: 2026-05-15 (reported on Form 4 filed 2026-05-19). Filing appears timely (within the two-business-day window).
- Transaction type/code: A (award/grant) — derivative grant of RSUs.
- Shares/units granted: 7,259 restricted stock units. Price/value: N/A in the filing.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Each restricted stock unit represents a right to receive one share of Class A common stock without payment upon settlement (F1). Vesting schedule or settlement timing not stated.
Context
RSUs are a form of equity compensation that convert into actual shares (and potentially trigger tax withholding) upon vesting/settlement; they are not the same as an open‑market purchase by the insider. Such awards are common for directors and reflect compensation or retention practices rather than a direct buy or sell signal.