McDowell Erin W 4
Research Summary
AI-generated summary
Range Resources (RRC) Erin McDowell Receives Award of 1,277 Shares
What Happened
- Erin W. McDowell, SVP and General Counsel of Range Resources (RRC), was awarded 1,277 shares (transaction code A) on February 26, 2026. The award was valued at about $49,590 based on a $38.83 per-share price (5‑day VWAP). The shares were deposited into her deferred compensation account as a company match.
Key Details
- Transaction date and price: Feb 26, 2026; price used $38.8329 (5-day VWAP Feb 20–26, 2026).
- Shares acquired: 1,277 shares; aggregate value ≈ $49,590.
- Vesting / restrictions: Company match deposited Feb 26, 2026 and vests 100% on Dec 31, 2028.
- Holdings reported: Ms. McDowell also holds 68,503 Performance Share Units (PSUs) as of Feb 26, 2026.
- Filing timeliness: Form 4 filed Mar 2, 2026 for the Feb 26 transaction (filed within the required reporting window).
- Transaction code: A = Award/acquisition (not an open-market purchase).
Context
- This was a compensation/retention award (company match into a deferred compensation account) rather than an open-market buy or sale. Such awards are common for executive pay and include vesting schedules that align retention incentives; they do not represent an immediate market transaction by the insider.