RRC CFO reports tax withholding and share transfer
RANGE RESOURCES CORP EVP & CFO Mark Scucchi reported routine equity-compensation transactions.
Rhea-AI Filing Summary
RANGE RESOURCES CORP EVP & CFO Mark Scucchi reported routine equity-compensation transactions. On March 15, 2026, 16,995 shares of common stock were withheld by the company at $43.51 per share to cover tax liabilities from the vesting of 43,189 restricted shares granted on March 15, 2023. The footnote states that no shares were sold to the market to satisfy this tax obligation.
The filing also shows an internal reclassification of 26,194 shares from an indirect unvested-stock holding to a direct common stock holding, described as an exempt transfer voluntarily reported. After these updates, Scucchi holds 681,288 shares of common stock directly, 97,642 unvested common shares indirectly, and additional indirect holdings through a 401(k) account and an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock Unvested | 16,995 | $43.51 | $739K |
| Other | Common Stock Unvested | 26,194 | $0.00 | $0.00 |
| Other | Common Stock | 26,194 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents shares withheld by Issuer in connection with the reporting person's net share settlement to satisfy tax liability based upon the vesting of 43,189 shares of restricted stock that were granted to the reporting person on March 15, 2023. No shares were sold by the reporting person to satisfy this tax liability.
- F2. Transfer of these shares from an indirect holding to a direct holding is exempt from reporting, however the reporting person has voluntarily decided to disclose this information.
FAQ
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What insider transactions did RRC EVP & CFO Mark Scucchi report?
Are the reported RRC Form 4 transactions by the CFO routine compensation events?
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