Ranger Energy (RNGR) CEO exercises 15,331 RSUs and withholds 20,292 shares for taxes

Rhea-AI Filing Summary

Ranger Energy Services CEO Stuart Bodden exercised restricted stock units and settled related taxes in shares. On March 13, 2026, he exercised 15,331 restricted stock units, each converting into one share of Class A Common Stock, acquiring 15,331 shares at a conversion price of $0.00 per share.

To cover tax obligations tied to vesting of restricted stock and restricted stock units granted in 2023, 2024, and 2025, 20,292 shares of Class A Common Stock were withheld at $16.70 per share. Following these transactions, Bodden directly holds 368,800 shares of Class A Common Stock and 30,668 restricted stock units.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bodden Stuart

(Last) (First) (Middle)

10350 RICHMOND AVENUE

SUITE 550

(Street)

HOUSTON TX 77042

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ranger Energy Services, Inc. [ RNGR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/13/2026		M		15,331	A	(1)	389,092	D
Class A Common Stock	03/13/2026		F		20,292(2)	D	$16.7	368,800	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	03/13/2026		M			15,331	03/14/2026	03/14/2028	Class A Common Stock	15,331	$0	30,668	D

Explanation of Responses:

1. Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer.

2. Represents shares withheld for taxes regarding the vesting of restricted stock and restricted stock units made in 2023, 2024, and 2025.

Remarks:

	/s/ Stuart Bodden, by Pam Tudor, as Attorney-in-Fact	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider share transactions did Ranger Energy (RNGR) report for CEO Stuart Bodden?

Ranger Energy reported that CEO Stuart Bodden exercised 15,331 restricted stock units into Class A Common Stock and had 20,292 shares withheld to cover tax obligations related to prior equity awards, resulting in updated direct holdings of shares and remaining restricted stock units.

How many restricted stock units did the RNGR CEO exercise and what did they convert into?

The CEO exercised 15,331 restricted stock units, each representing the right to receive one share of Ranger Energy Class A Common Stock without payment. This exercise converted into 15,331 shares on March 13, 2026, increasing his direct common stock ownership before tax withholding.

Why were 20,292 Ranger Energy (RNGR) shares withheld from the CEO’s holdings?

20,292 shares of Class A Common Stock were withheld to satisfy tax obligations. The footnote explains these shares relate to taxes arising from the vesting of restricted stock and restricted stock units awarded in 2023, 2024, and 2025, rather than an open-market sale.

What are CEO Stuart Bodden’s Ranger Energy share and RSU holdings after these Form 4 transactions?

After the reported transactions, Stuart Bodden directly holds 368,800 shares of Ranger Energy Class A Common Stock. In addition, he holds 30,668 restricted stock units, which may settle into additional shares of Class A Common Stock in the future upon vesting and settlement conditions.

Were the RNGR CEO’s Form 4 transactions open-market purchases or sales?

The transactions were not open-market trades. They involved the exercise of 15,331 restricted stock units into Class A Common Stock at a conversion price of $0.00 per share and a separate share withholding of 20,292 shares to pay tax liabilities associated with prior equity award vesting.

What prices are associated with the RNGR CEO’s March 13, 2026 equity transactions?

The restricted stock units were exercised at a conversion price of $0.00 per share, reflecting no cash payment for the shares. The 20,292 shares withheld for tax obligations were valued at $16.70 per share, according to the Form 4 transaction details for the non-derivative disposition.