Range Resources (RRC) director sells 7,000 shares at $44.40
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Range Resources Corp director Brenda A. Cline sold 7,000 shares of Common Stock in an open-market transaction on April 7, 2026 at an average price of $44.4046 per share. After this sale, she directly holds 28,668 shares. The disclosure also shows indirect holdings of 89,121 shares through a Family Limited Partnership and 5,258 shares of unvested stock held indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,000 shares ($310,832)
Net Sell
3 txns
Insider
Cline Brenda A
Role
Director
Sold
7,000 shs ($311K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,000 | $44.4046 | $311K |
| holding | Affiliate | -- | -- | -- |
| holding | Common Stock Unvested | -- | -- | -- |
Holdings After Transaction:
Common Stock — 28,668 shares (Direct);
Affiliate — 89,121 shares (Indirect, Family Limited Partnership);
Common Stock Unvested — 5,258 shares (Indirect, Unvested Stock)
Footnotes (1)
Key Figures
Shares sold: 7,000 shares
Sale price: $44.4046 per share
Direct holdings after sale: 28,668 shares
+2 more
5 metrics
Shares sold
7,000 shares
Open-market sale on April 7, 2026
Sale price
$44.4046 per share
Average price for 7,000 shares sold
Direct holdings after sale
28,668 shares
Common Stock directly owned post-transaction
Indirect partnership holdings
89,121 shares
Held indirectly via Family Limited Partnership
Unvested stock holdings
5,258 shares
Common Stock Unvested held indirectly
Key Terms
open-market sale, Family Limited Partnership, Common Stock Unvested, Form 4
4 terms
open-market sale financial
"transaction_action is described as an open-market sale of shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Family Limited Partnership financial
"nature_of_ownership indicates a Family Limited Partnership holding"
Common Stock Unvested financial
"security_title lists Common Stock Unvested as an indirect holding"
Form 4 regulatory
"insider transaction is disclosed in a Form 4 filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Range Resources (RRC) report for Brenda A. Cline?
Range Resources reported that director Brenda A. Cline sold 7,000 shares of Common Stock. The open-market transaction took place on April 7, 2026, reflecting routine portfolio activity rather than a change in control or company operations.
Does the Form 4 show indirect ownership for Brenda A. Cline in Range Resources (RRC)?
Yes. The Form 4 shows 89,121 shares held indirectly through a Family Limited Partnership and 5,258 shares of Common Stock Unvested held indirectly. These positions supplement her 28,668 directly held shares after the reported sale.
What type of transaction code is used for Brenda A. Cline’s Range Resources (RRC) trade?
The transaction is coded “S,” which indicates a sale in an open market or private transaction. The filing specifies this as an open-market sale of 7,000 shares of Common Stock at an average price of $44.4046 per share.