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

Rhea-AI Filing Summary

Ranger Energy Services, Inc. executive vice president and chief financial officer Melissa Cougle reported equity compensation awards and a related tax withholding transaction. She acquired 18,908 restricted stock units and 20,069 shares of Class A common stock as grant or award acquisitions on March 3, 2026.

Each restricted stock unit represents one share of Class A common stock. The filing notes that 8,397 shares of Class A common stock were disposed of at $17.14 per share to cover tax liabilities, leaving her with 88,678 Class A common shares directly owned after these transactions.

Footnotes explain that part of the stock represents shares earned from performance share units granted in 2023 for a three-year performance period ending on December 31, 2025, approved by the compensation committee and board on March 3, 2026. Another portion represents the first of three equal annual installments scheduled to vest annually beginning on March 14, 2027.

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

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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)
03/03/2026

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	03/03/2026		A		20,069(1)	A	$0	97,075	D
Class A Common Stock	03/03/2026		F		8,397	D	$17.14	88,678	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	(2)	03/03/2026		A		18,908		03/14/2027(3)	03/14/2029	Class A Common Stock	18,908	$0	18,908	D

Explanation of Responses:

1. Represents shares earned for the performance share units (PSUs) granted in 2023 for the three-year performance period ending December 31, 2025 as approved by the Compensation Committee and the Board of Directors on March 3, 2026.

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

3. Represents the first of three equal annual installments that vest annually beginning on March 14, 2027.

Remarks:

	/s/ Melissa Cougle, by Pam Tudor as Attorney-in-Fact	03/05/2026
	** 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).
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 RNGR CFO Melissa Cougle report on this Form 4?

Melissa Cougle reported equity compensation activity, including grants and a tax-related share disposition. She received 18,908 restricted stock units and 20,069 Class A common shares, and 8,397 Class A shares were disposed of at $17.14 per share to cover tax liabilities.

How many Ranger Energy (RNGR) restricted stock units did the CFO acquire?

The CFO acquired 18,908 restricted stock units in this filing. Each unit represents the right to receive one share of Ranger Energy Class A common stock without payment, reflecting a non-cash equity award rather than an open-market purchase of shares.

What common stock awards did RNGR grant to its CFO on March 3, 2026?

Ranger Energy granted the CFO 20,069 shares of Class A common stock as a grant or award acquisition. After these transactions, she directly owned 88,678 Class A common shares, according to the reported post-transaction ownership figure in the Form 4.

Why were 8,397 RNGR shares disposed of in the CFO’s Form 4 filing?

The 8,397 Class A common shares were disposed of to satisfy tax liabilities associated with the equity awards. They were transferred at $17.14 per share as a tax-withholding disposition, rather than an open-market sale initiated for portfolio or cash-raising purposes.

How are RNGR performance share units and restricted stock units structured for the CFO?

Part of the shares relate to performance share units granted in 2023 for a three-year period ending December 31, 2025. The restricted stock units convert one-for-one into Class A shares, with some vesting in three equal annual installments beginning March 14, 2027.

What is the vesting schedule for Ranger Energy (RNGR) CFO’s new restricted stock units?

A portion of the restricted stock units will vest in three equal annual installments. Vesting begins on March 14, 2027 and continues annually for two additional years, aligning the CFO’s compensation with longer-term company performance and service.