secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ranger Energy Services, Inc. (RNGR)
CIK:        0001699039
Form:       8-K/A
Filed at:   2021-07-23T23:59:59+00:00
Accession:  0001699039-21-000075
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Ranger Energy Services discloses interim CEO salary of $45k/month; former CEO gets $88,637 separation
--------------------------------------------------------------------------------

- Interim CEO William Austin receives $45,000 monthly salary under 90-day employment agreement effective June 12, 2021.
- Former CEO Darron Anderson receives $88,637 lump-sum separation; all unvested restricted stock and performance units forfeited.
- Austin's agreement includes confidentiality, non-competition, and non-solicitation covenants during employment.
- Employment agreement automatically renews for 30-day terms unless either party gives 7 days' notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699039/000169903921000075/0001699039-21-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699039/000169903921000075/rng-20210719.htm
  HTML page:      https://secwatch.observer/filing/0001699039-21-000075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer