Ranger Energy (NYSE: RNGR) CFO exercises RSUs and withholds 7,484 shares for taxes

Rhea-AI Filing Summary

Ranger Energy Services EVP & CFO Melissa Cougle reported routine equity compensation activity. She exercised restricted stock units representing 5,307 shares of Class A Common Stock, increasing her directly held common shares. Each restricted stock unit converts into one share without any cash payment.

To cover tax obligations related to the vesting of restricted stock and restricted stock units granted in 2023, 2024, and 2025, 7,484 shares of Class A Common Stock were withheld at a price of $16.70 per share. After these transactions, she directly holds 86,501 shares of Class A Common Stock, and the filing shows no remaining derivative positions.

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^*

Cougle Melissa

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Financial 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		5,307	A	(1)	93,985	D
Class A Common Stock	03/13/2026		F		7,484(2)	D	$16.7	86,501	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			5,307	03/14/2026	03/14/2028	Class A Common Stock	5,307	$0	10,616	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/ Melissa Cougle, 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 transaction did RNGR CFO Melissa Cougle report on this Form 4?

Melissa Cougle reported exercising restricted stock units into 5,307 shares of Ranger Energy Services Class A Common Stock. The transaction reflects routine equity compensation vesting rather than an open-market purchase, and is paired with a separate tax-related share withholding.

How many RNGR shares does the CFO hold after the reported Form 4 transactions?

Following the reported equity transactions, Melissa Cougle directly holds 86,501 shares of Ranger Energy Services Class A Common Stock. This figure reflects the RSU conversion and the subsequent share withholding for taxes disclosed in the same Form 4 filing.

Were any of the RNGR CFO’s reported transactions open-market stock sales or purchases?

The filing does not show any open-market sales or purchases. It reports an RSU exercise that delivered 5,307 shares and a separate F-code transaction where 7,484 shares were withheld to satisfy tax liabilities tied to prior restricted stock and RSU vesting.

What does the F-code tax-withholding transaction mean in the RNGR Form 4 filing?

The F-code indicates 7,484 shares of Ranger Energy Services stock were surrendered to cover taxes. These shares relate to vesting of restricted stock and RSUs granted in 2023, 2024, and 2025, and do not represent a discretionary open-market sale by the CFO.

What price is associated with the tax-withholding shares in the RNGR Form 4?

The tax-withholding disposition is reported at a price of $16.70 per share for 7,484 shares. This price is used to value the shares surrendered to satisfy tax obligations on vested restricted stock and restricted stock units, as described in the footnotes.

Does the RNGR Form 4 show any remaining derivative or RSU positions for the CFO?

The filing shows a derivative transaction converting 5,307 restricted stock units into common shares and reports no remaining derivative positions in the derivative summary. This indicates the reported RSUs were fully settled into Class A Common Stock in this event.