Ranger Energy (RNGR) Director Disposes 25,000 Shares; Retains 1.08M Indirect Stake

Rhea-AI Filing Summary

Ranger Energy Services director Brett T. Agee reported selling 25,000 Class A common shares on 08/12/2025 at a weighted-average price of $12.76, with individual trade prices ranging from $12.68 to $12.865. The filing records an additional disposition of 6,262 shares (no transaction date or price shown).

After the reported transactions, the filing shows Mr. Agee with indirect beneficial ownership of 1,081,699 Class A shares through Bayou Well Holdings Company, LLC, and 93,874 Class A shares held in a trust for which he is trustee. Mr. Agee disclaims beneficial ownership of the entities except to the extent of his pecuniary interest.

Positive

• Transparent reporting of a 25,000-share sale with a weighted-average price and disclosed price range
• Significant retained stake disclosed: 1,081,699 shares indirectly held via Bayou Well Holdings, plus 93,874 shares via a trust

Negative

• Additional disposition of 6,262 shares is recorded without a transaction date or price in the filing
• No indication in the form that the reported sale was executed pursuant to a 10b5-1 trading plan (checkbox not marked)

Insights

Securities Analyst

TL;DR: Routine insider sale with substantial indirect holdings retained; limited missing detail on one disposition.

The Form 4 discloses a sale of 25,000 Class A shares executed on 08/12/2025 at a weighted-average price of $12.76, with trade prices stated between $12.68 and $12.865. The filing also records a disposition of 6,262 shares without an accompanying date or price, which reduces clarity. Material ownership remains concentrated: 1,081,699 shares indirectly via Bayou Well Holdings and 93,874 via a trust. From an investor disclosure perspective, the form provides key numbers but omits full transaction detail for the smaller disposition.

Corporate Governance Expert

TL;DR: Disclosure is largely complete for the major sale; trustee and managing-member disclaimers are clearly stated.

The filing identifies Brett T. Agee as a Director and specifies his roles as managing member of Bayou Well Holdings and trustee of a trust, with standard disclaimers that he disclaims beneficial ownership except for pecuniary interest. The clear attribution of indirect ownership and the weighted-average sale price support transparency. However, the record of a 6,262-share disposition lacks date and price information, which is a documentation gap the SEC staff may query.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Agee Brett T.

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025

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	08/12/2025		S		25,000	D	$12.76(1)	1,081,699	I	Bayou Well Holdings Company, LLC(2)
Class A Common Stock								93,874	I	Trust(3)
Class A Common Stock								6,262	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

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.68 to $12.865, inclusive. Details on the number of shares purchased at each separate price will be provided to the staff of the Securities and Exchange Commission upon request.

2. The reporting person is a managing member of Bayou Well Holdings Company, LLC. He disclaims beneficial ownership except to the extent of his pecuniary interest therein.

3. The reporting person is the beneficiary and trustee of the Trust. He disclaims beneficial ownership except to the extent of his pecuniary interest therein.

	/s/ Brett T. Agee	08/13/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Brett T. Agee report on the RNGR Form 4?

The filing reports that Brett T. Agee, a director of Ranger Energy (RNGR), sold 25,000 Class A shares on 08/12/2025 at a weighted-average price of $12.76.

How many RNGR shares does Agee indirectly own after the transaction?

The Form 4 shows indirect beneficial ownership of 1,081,699 Class A shares through Bayou Well Holdings Company, LLC, and 93,874 Class A shares via a trust.

What price range did the reported RNGR trades occur at?

The filing states the 25,000 shares were sold in multiple transactions at prices ranging from $12.68 to $12.865, resulting in a weighted-average of $12.76.

Is there any missing information in the RNGR Form 4?

Yes. The filing records a disposition of 6,262 shares but does not provide a transaction date or price for that disposition.

Does the Form 4 indicate the sale was under a Rule 10b5-1 plan?

The filing does not indicate that the transaction was made pursuant to a Rule 10b5-1 trading plan (no plan checkbox is marked in the form content).