Form SCHEDULE 13G/A Ranger Energy Services, Filed by: American Well Holdings, LLC
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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(Amendment No. 1)*
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Ranger Energy Services, Inc. (Name of Issuer) |
Class A Common Stock, $0.01 par value (Title of Class of Securities) |
(CUSIP Number) |
03/31/2026 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
| Rule 13d-1(b) |
| Rule 13d-1(c) |
| Rule 13d-1(d) |
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
American Well Holdings, LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
TEXAS
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
1,124,196.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
4.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Argonaut Fund IV GP, LP | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
1,124,196.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
4.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
BW Investment Management, Inc. | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
1,124,196.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
4.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
CO |
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Mitchell Steven R | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
1,124,196.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
4.8 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13G
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| Item 1. | |
| (a) | Name of issuer:
Ranger Energy Services, Inc. |
| (b) | Address of issuer's principal executive offices:
10350 RICHMOND AVENUE, 10350 RICHMOND AVENUE, HOUSTON, TEXAS, 77042. |
| Item 2. | |
| (a) | Name of person filing:
Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons." This statement is filed on behalf of:
(i) American Well Holdings, LLC ("AWH"), with respect to the shares of Class A Common Stock directly owned by it;
(ii) Argonaut Fund IV GP, LP ("GP"), with respect to the shares of Class A Common Stock directly owned by AWH;
(iii) BW Investment Management, Inc. ("BW"), with respect to the shares of Class A Common Stock indirectly owned by GP; and
(iv) Steven R. Mitchell, with respect to the shares of Class A Common Stock indirectly owned by BW.
AWH is the direct owner of 1,124,196 shares of Class A Common Stock of the Issuer, representing approximately 4.8% of the 23,550,288 shares of Class A Common Stock outstanding as of February 28, 2026, as disclosed in the Issuer's Form 10-K filed March 5, 2026.
BW is ultimately controlled by Mr. Mitchell, the President and Chief Executive Officer of BW, the general partner of GP, which in turn is the general partner of each of Argonaut Private Equity Fund IV, LP and Argonaut Private Equity Fund IV-A, LP (collectively, the "Argonaut Fund IV Entities").
The Argonaut Fund IV Entities indirectly control AWH. GP makes the voting and investment decision on behalf of the Argonaut Fund IV Entities.
Each of Mr. Mitchell, BW, GP, and the Argonaut Fund IV Entities may be deemed to be the beneficial owners of the 1,124,196 shares of Class A Common Stock. Each of BW, GP and Mr. Mitchell disclaim any such beneficial ownership, except to the extent of their pecuniary interests therein.
AWH is managed by a management board (the "Board") which operates by majority vote such that no individual member of the Board has voting or dispositive control over the securities held by AWH. Each individual constituting the Board therefore expressly disclaims beneficial ownership of these securities.
This Amendment is being filed to report that the Reporting Persons have ceased to be the beneficial owners of more than five percent of the outstanding shares of Class A common stock of the Issuer. This Amendment constitutes an exit filing for the Reporting Persons.
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| (b) | Address or principal business office or, if none, residence:
The address and principal office of the Reporting Persons is 7030 South Yale Avenue, Suite 810, Tulsa, OK, 74136. |
| (c) | Citizenship:
(i) AWH is a limited liability company organized under the laws of the State of Texas.
(ii) GP is a limited partnership organized under the laws of the State of Delaware.
(iii) BW is a corporation organized under the laws of the State of Delaware.
(iv) Mr. Mitchell is a United States citizen. |
| (d) | Title of class of securities:
Class A Common Stock, $0.01 par value |
| (e) | CUSIP No.:
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| Item 4. | Ownership |
| (a) | Amount beneficially owned:
1,124,196 shares |
| (b) | Percent of class:
4.8% %
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| (c) | Number of shares as to which the person has:
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| (i) Sole power to vote or to direct the vote:
-0- shares | |
| (ii) Shared power to vote or to direct the vote:
1,124,196 shares | |
| (iii) Sole power to dispose or to direct the disposition of:
-0- shares | |
| (iv) Shared power to dispose or to direct the disposition of:
1,124,196 shares | |
| Item 5. | Ownership of 5 Percent or Less of a Class. |
Ownership of 5 percent or less of a class
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| Item 10. | Certifications: |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
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| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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