Range Resources (NYSE: RRC) director logs equity award and share restructuring
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cline Brenda A reported acquisition or exercise transactions in this Form 4 filing.
Range Resources director Brenda A. Cline reported an equity award and an internal share transfer. On May 13, 2026, she received an indirect grant of 4,967 unvested common shares at a reference price of $41.2745, which vest 100% after one year.
On May 14, 2026, 5,258 shares previously held indirectly as unvested stock were moved into a direct common stock holding, a voluntary disclosure of an exempt restructuring rather than a market trade. After these updates, she holds 33,926 shares directly, 10,225 unvested shares indirectly, and 89,121 shares indirectly through a family limited partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Cline Brenda A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock Unvested | 5,258 | $41.49 | $218K |
| Other | Common Stock | 5,258 | $41.49 | $218K |
| Grant/Award | Common Stock Unvested | 4,967 | $41.2745 | $205K |
| holding | Affiliate | -- | -- | -- |
Holdings After Transaction:
Common Stock Unvested — 4,967 shares (Indirect, Unvested Stock);
Common Stock — 33,926 shares (Direct, null);
Affiliate — 89,121 shares (Indirect, Family Limited Partnership)
Footnotes (1)
- Shares awarded to the Board of Directors are vested 100% on the 1 year anniversary of the grant. Share price of $41.2745 detemined by 5-day volume weighted average price from May 5, 2026 to May 11, 2026. While the transfer of these shares from an indirect to direct holding is exempt from reporting, the reporting person nonetheless has voluntarily decided to disclose this information.
Key Figures
Unvested stock grant: 4,967 shares
Grant reference price: $41.2745 per share
Restructured shares: 5,258 shares
+3 more
6 metrics
Unvested stock grant
4,967 shares
Indirect unvested common stock awarded on May 13, 2026
Grant reference price
$41.2745 per share
Five-day volume weighted average price from May 5–11, 2026
Restructured shares
5,258 shares
Moved from indirect unvested to direct common stock on May 14, 2026
Direct holdings after update
33,926 shares
Common stock directly owned following May 14, 2026 transaction
Unvested indirect holdings after update
10,225 shares
Unvested common stock held indirectly after May 14, 2026
Family LP indirect holdings
89,121 shares
Indirect ownership through a Family Limited Partnership as of May 13, 2026
Key Terms
Unvested Stock, Family Limited Partnership, volume weighted average price, Grant, award, or other acquisition
4 terms
Unvested Stock financial
"nature_of_ownership": "Unvested Stock""
Family Limited Partnership financial
"nature_of_ownership": "Family Limited Partnership""
volume weighted average price financial
"Share price of $41.2745 detemined by 5-day volume weighted average price from May 5, 2026 to May 11, 2026."
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did Range Resources (RRC) director Brenda Cline report?
Director Brenda Cline reported a 4,967-share unvested stock grant and an internal transfer of 5,258 shares from indirect to direct ownership. These updates reflect compensation and restructuring, not open-market buying or selling activity.
What are Brenda Cline’s total reported Range Resources (RRC) holdings after these transactions?
After the transactions, she holds 33,926 shares directly, 10,225 unvested shares indirectly, and 89,121 shares indirectly through a family limited partnership. This reflects her updated overall equity exposure to Range Resources.
How was the grant price for Brenda Cline’s Range Resources (RRC) stock award determined?
The reference share price of $41.2745 for the 4,967-share grant was calculated using a five-day volume-weighted average price. The averaging period ran from May 5, 2026 through May 11, 2026.