Ranger Energy (NYSE: RNGR) director converts 10,712 RSUs to stock
Rhea-AI Filing Summary
Ranger Energy Services director Shivram Krishna exercised 10,712 Restricted Stock Units, converting them into 10,712 shares of Class A Common Stock at $15.69 per share. Following this derivative exercise, he now directly holds 51,562 shares of Ranger Energy Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,712 shares
Net Buy
2 txns
Insider
Shivram Krishna
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1 | 10,712 | -- | -- |
| Exercise | Class A Common Stock | 10,712 | $15.69 | $168K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Class A Common Stock — 51,562 shares (Direct)
Footnotes (1)
- F1. Each restricted stock unit represents a right to receive without payment one share of Class A Common Stock of the Issuer.
Key Figures
RSUs exercised: 10712.0000 shares
Exercise price: $15.6900 per share
Shares owned after transaction: 51562.0000 shares
3 metrics
RSUs exercised
10712.0000 shares
Restricted Stock Units converted into Class A Common Stock on 2026-07-24
Exercise price
$15.6900 per share
Price per share for Class A Common Stock acquired on 2026-07-24
Shares owned after transaction
51562.0000 shares
Direct Class A Common Stock holdings following the reported transactions on 2026-07-24
Key Terms
Restricted Stock Unit, Class A Common Stock, derivative security
3 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a right to receive without payment one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Class A Common Stock financial
"one share of Class A Common Stock of the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
derivative security financial
"transaction code description "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Shivram Krishna report at Ranger Energy (RNGR)?
Shivram Krishna exercised 10,712 restricted stock units, receiving the same number of Ranger Energy Class A Common shares at $15.69 each. This was reported as an exercise or conversion of a derivative security, not as an open-market purchase or sale.
What price was reported for the Class A Common Stock acquired by Shivram Krishna at RNGR?
The Class A Common Stock acquired through the RSU exercise is reported at $15.69 per share. This per-share value applies to the 10,712 shares issued upon conversion of restricted stock units on the transaction date.
What type of security did Shivram Krishna convert in the RNGR Form 4 filing?
He converted Restricted Stock Units, each representing a right to receive one share of Class A Common Stock without payment. Upon exercise, 10,712 RSUs were settled into an equal number of Ranger Energy Class A Common shares.