Ranger Energy Services, Inc. Files Definitive Proxy Statement

TL;DR

<b>Ranger Energy Services, Inc. filed its DEF 14A, detailing executive compensation and equity award valuations for 2021-2023.</b>

AI Summary

Ranger Energy Services, Inc. (RNGR) filed a Proxy Statement (DEF 14A) with the SEC on March 27, 2024. Ranger Energy Services, Inc. filed a Definitive Proxy Statement (DEF 14A) on March 27, 2024. The filing covers the fiscal year ending December 31, 2023. It includes information on executive compensation and equity awards for PEO and Non-PEO members. Specific data points relate to the fair value of equity awards granted and outstanding during the years 2021, 2022, and 2023. The company's principal executive offices are located at 10350 Richmond Avenue, Suite 550, Houston, TX 77042.

Why It Matters

For investors and stakeholders tracking Ranger Energy Services, Inc., this filing contains several important signals. This filing provides shareholders with crucial information regarding executive compensation, including the fair value of equity awards, which can influence voting decisions on executive pay proposals. The detailed breakdown of equity awards across different years and executive roles (PEO vs. Non-PEO) allows for a comprehensive understanding of the company's incentive structures and potential dilution.

Risk Assessment

Risk Level: — Ranger Energy Services, Inc. shows moderate risk based on this filing. The filing is a routine DEF 14A, providing information on executive compensation and corporate governance, with no immediate financial or operational red flags.

Analyst Insight

Shareholders should review the executive compensation details and equity award valuations to inform their voting decisions on related proposals at the upcoming meeting.

Key Numbers

• 2024-03-27 — Filing Date (Date the DEF 14A was filed)
• 2023-12-31 — Fiscal Year End (Period covered by the filing)
• 2021-01-01 — Start Date for Equity Data (Beginning of the period for which equity award data is provided)
• 2023-12-31 — End Date for Equity Data (End of the period for which equity award data is provided)

Key Players & Entities

• Ranger Energy Services, Inc. (company) — Filer of the DEF 14A
• Stuart N. Bodden (person) — Member mentioned in relation to equity awards
• Darron M. Anderson (person) — Member mentioned in relation to equity awards
• William Austin (person) — Member mentioned in relation to equity awards

FAQ

Industry Context

Ranger Energy Services operates in the oil and gas field services sector, providing essential services to exploration and production companies.

Regulatory Implications

The filing is a standard SEC requirement for public companies, specifically a Definitive Proxy Statement (DEF 14A), used to solicit proxies from shareholders for annual meetings.

What Investors Should Do

1. Review the detailed executive compensation tables.
2. Analyze the fair value of equity awards granted and outstanding for PEO and Non-PEO members.
3. Assess the company's corporate governance practices as outlined in the proxy statement.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure for executive compensation and shareholder matters, not a financial results report compared to previous periods.

Key Financial Figures

• $0.01 — mpany's Class A common stock, par value $0.01 per share (the "Class A Common Stock"),
• $35,500 — , for an aggregate fee of approximately $35,500. The Company will bear all costs of suc

Filing Documents

• rngr-20240327.htm (DEF 14A) — 504KB
• rngr-20240327_g1.jpg (GRAPHIC) — 19KB
• rngr-20240327_g2.jpg (GRAPHIC) — 109KB
• rngr-20240327_g3.jpg (GRAPHIC) — 81KB
• rngr-20240327_g4.jpg (GRAPHIC) — 130KB
• rngr-20240327_g5.jpg (GRAPHIC) — 69KB
• 0001699039-24-000043.txt (&nbsp;) — 2212KB
• rngr-20240327.xsd (EX-101.SCH) — 4KB
• rngr-20240327_def.xml (EX-101.DEF) — 7KB
• rngr-20240327_lab.xml (EX-101.LAB) — 9KB
• rngr-20240327_pre.xml (EX-101.PRE) — 5KB
• rngr-20240327_htm.xml (XML) — 172KB

Executive Compensation

Executive Compensation 12 Equity Compensation Plan Information 18 Proposal Three—Non-Binding Approval of Executive Compensation 19 Corporate Governance 20

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 23 Transactions with Related Persons 25 Audit Committee Report 27 Stockholder Proposals and Director Nominations for 202 5 Annual Meeting 28 Availability of Certain Documents 28 i RANGER ENERGY SERVICES, INC. 10350 Richmond Avenue, Suite 550 Houston, Texas 77042 PROXY STATEMENT 2024 ANNUAL MEETING OF STOCKHOLDERS The Board of Directors (the "Board of Directors" or the "Board") of Ranger Energy Services, Inc. (the "Company," "we," "us" or "our") requests your proxy for the 2024 Annual Meeting of Stockholders (the "Annual Meeting") that will be held on May 10, 2024, at 10:00 a.m. Central Daylight Time. The Annual Meeting will be a virtual meeting. There will be no physical meeting location, as the meeting will only be conducted via live webcast. By granting the proxy, you authorize the persons named on the proxy to represent you and vote your shares at the Annual Meeting. Those persons will also be authorized to vote your shares to adjourn the Annual Meeting from time to time and to vote your shares at any adjournments or postponements of the Annual Meeting. The Board has made this proxy statement (the "Proxy Statement") and the accompanying Notice of Annual Meeting of Stockholders, Notice of Internet Availability of Proxy Materials (the "Notice") and proxy card, and the Company's 2024 Annual Report to Stockholders (collectively, the "Proxy Materials"), available on the Internet at www.proxydocs.com/RNGR. The date the Proxy Materials are first being made available to stockholders March 27, 2024. In order to attend the Annual Meeting, you must register in advance at www.proxydocs.com/RNGR prior to May 8, 2024. Upon completing your registration, you will receive further instructions via e-mail, including your unique link that will allow you access to the Annual Meeting and the ability to submit questions. Please be sure to follow instructions found on your proxy card and/or voting auth

View Full Filing

View this DEF 14A filing on SEC EDGAR