[Form 4] Ranger Energy Services, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Brett T. Agee, a director of Ranger Energy Services, Inc. (RNGR), reported multiple sales of Class A common stock on September 15-16, 2025. The Form 4 shows sales of 7,015 shares on 09/15/2025 at a weighted-average price of $14.32, and sales on 09/16/2025 of 22,985 shares (weighted-average $14.47), 13,389 shares (weighted-average $14.52) and 6,262 shares (price not separately disclosed in table). The reporting person discloses indirect ownership through Bayou Well Holdings Company, LLC and a Trust and states he disclaims beneficial ownership except to the extent of his pecuniary interest. Post-transaction beneficial ownership figures are reported in the filing for the disclosed indirect holdings.

Positive

• Timely and detailed reporting: The Form 4 supplies transaction dates, quantities, weighted-average prices, post-transaction ownership figures, and explanatory footnotes.
• Ownership transparency: The filing discloses indirect ownership through Bayou Well Holdings Company, LLC and a Trust and includes standard disclaimers of beneficial ownership to the extent of pecuniary interest.

Negative

• Multiple sales over two days: The reporting person disposed of 49,651 shares across 09/15-09/16/2025, which is a material insider selling event though the filing does not state purpose.
• Weighted-average pricing masks trade detail: Prices are reported as weighted averages and the filing notes multiple transactions; per-trade price and share breakdowns are not shown in the table (available to SEC staff on request).

Insights

Financial Analyst

TL;DR: Director sold a modest number of shares over two days; transactions are routine insider dispositions with weighted-average trade prices disclosed.

The filing documents open-market sales totaling 49,651 shares across 09/15/2025 and 09/16/2025 at weighted-average prices disclosed for three lots ($14.32, $14.47, $14.52). The report also clarifies indirect holdings via Bayou Well Holdings Company, LLC and a Trust, with disclaimers limiting direct beneficial ownership claims to pecuniary interest. No derivative transactions or acquisitions are reported. For valuation impact, the disclosed prices and quantities allow calculation of gross proceeds, but the Form 4 does not state intent or use of proceeds.

Corporate Governance Expert

TL;DR: Insider disclosed multiple sales and appropriate beneficial ownership disclaimers; filings appear procedurally compliant.

The Form 4 identifies Brett T. Agee as a director and provides transaction codes and weighted-average prices for multiple sales, plus disclosure of indirect ownership through LLC and Trust entities with standard disclaimers. The signature and dates are present. There are no indications of late filing or corrective amendments within the document. From a governance standpoint, the disclosure aligns with Section 16 reporting requirements and provides transparency about indirect holdings.

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^*

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)
09/15/2025

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	09/15/2025		S		7,015	D	$14.32(1)	1,038,179	I	Bayou Well Holdings Company, LLC(2)
Class A Common Stock	09/16/2025		S		22,985	D	$14.47(3)	1,015,194	I	Bayou Well Holdings Company, LLC(2)
Class A Common Stock	09/16/2025		S		13,389	D	$14.52(4)	1,001,805	I	Bayou Well Holdings Company, LLC(2)
Class A Common Stock								93,874	I	Trust(5)
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 $14.30 to $14.41, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.30 to $14.59, 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.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.50 to $14.55, 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.

5. 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	09/16/2025
	** 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 insider transactions did Brett T. Agee report for RNGR?

He reported sales of Class A common stock totaling 49,651 shares on 09/15/2025 and 09/16/2025.

At what prices were the RNGR shares sold by the reporting person?

Weighted-average prices reported: $14.32 for the 09/15 sale, $14.47 and $14.52 for two lots on 09/16; one lot (6,262 shares) is listed without a separate weighted-average price in the table.

Does the Form 4 indicate indirect ownership for Brett T. Agee?

Yes. The filing discloses indirect ownership through Bayou Well Holdings Company, LLC and a Trust and includes disclaimers limiting beneficial ownership to pecuniary interest.

Were any derivative transactions reported in this Form 4?

No. Table II (derivative securities) shows no reported derivative acquisitions or dispositions.

Is there any indication of an amendment or correction to the original filing?

No amendment date is provided in the Form 4; the form lists the earliest transaction date as 09/15/2025 and is signed 09/16/2025.