MASHINSKI CARLA S 4

What Happened

• Carla S. Mashinski, a director of Ranger Energy Services, exercised/converted derivative awards and disposed of shares. The Form 4 shows an acquisition of 10,712 shares at $15.69 per share (total $168,071) and a disposition to the issuer of 3,214 shares at $15.69 per share (total $50,428). A second derivative conversion of 10,712 shares is also reported without a purchase price (see footnote).
• Net result (based on the priced transactions): 10,712 shares acquired less 3,214 shares withheld/disposed = 7,498 net shares added to her holdings (assuming the unpriced conversion does not change totals).

Key Details

• Transaction date: 2026-07-24
• Prices and amounts: 10,712 shares acquired at $15.69 ($168,071); 3,214 shares disposed to issuer at $15.69 ($50,428); an additional 10,712-share derivative conversion reported with no price.
• Footnote: F1 indicates each restricted stock unit (RSU) represents a right to receive one share of Class A common stock.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Form filed 2026-07-24 for transactions on 2026-07-24 (no late filing indicated).
• Transaction codes: M = exercise/conversion of derivative; D = disposition to issuer (often for tax withholding).

Context

• The pattern (exercise/conversion plus shares surrendered to the issuer) is commonly a cash exercise or RSU settlement with a portion of shares withheld to cover taxes; this is routine and does not by itself indicate the insider’s market view. The filing is factual—no motivations are stated.