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

Issuer:     Ranger Energy Services, Inc. (RNGR)
CIK:        0001699039
Form:       8-K
Filed at:   2021-09-08T23:59:59+00:00
Accession:  0001699039-21-000089
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ranger Energy appoints Stuart Bodden as CEO effective Sept 1, 2021
------------------------------------------------------------------

- Stuart Bodden named President, CEO and Director; base salary $500,000 with bonus potential up to 100% of salary.
- One-time PSU grant target value at least 150% of salary; RSA grant at least 100% of salary, vesting over 3 years.
- Employment agreement includes 12-month severance for termination without cause or for good reason.
- Bodden has 20+ years oilfield experience, most recently CEO of Express Energy Services.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699039/000169903921000089/0001699039-21-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699039/000169903921000089/rng-20210908.htm
  HTML page:      https://secwatch.observer/filing/0001699039-21-000089

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