Degner Dennis 4

What Happened
Dennis Degner, CEO of Range Resources Corp (RRC), reported a same-day reclassification of 7,572 shares on June 1, 2026. The filing records a disposition of 7,572 shares at $39.78 for $301,214 and an acquisition of 7,572 shares at $39.78 for $301,214. A footnote explains these entries reflect a transfer from an indirect holding to a direct holding; economically there was no purchase or sale.

Key Details

• Transaction date: June 1, 2026; reported on Form 4 filed June 3, 2026 (filed within the usual 2-business-day window).
• Price per share: $39.78; reported value for each leg: $301,214.
• Shares after transaction: The Form 4 does not disclose total directly held common shares after reclassification; Degner also holds 285,729 Performance Share Units (PSUs).
• Footnote: F1 — transfer from an indirect to a direct holding; transaction is exempt from reporting but voluntarily disclosed.
• No 10b5-1 plan, option exercise, tax-withholding, or gift indicated.

Context: This filing documents an internal transfer (reclassification) rather than a market purchase or sale, so it does not necessarily signal a change in the insider’s economic exposure or sentiment. Retail investors typically view transfers like this as administrative and not informative about future company prospects.