| Item 1. | |
| (a) | Name of issuer:
Ranger Energy Services, Inc. |
| (b) | Address of issuer's principal executive offices:
10350 RICHMOND AVENUE, SUITE 550, 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 1,998,401 shares of Class A Common Stock of the Issuer, representing approximately 8.5% of the 23,550,288 shares of Class A Common Stock outstanding as of January 29, 2026, as disclosed in the Issuer?s Form S-3 filed February 3, 2026.
AWH acquired its shares of Class A Common Stock of the Issuer as partial consideration for AWH's sale to the Issuer of all the membership interests of American Well Intermediate Holdings, LLC, a wholly owned subsidiary of AWH, as described in more detail in the Issuer's Form 8-K filed on November 10, 2025 (the "Transaction"). This statement is being filed in connection with the Issuer's February 3, 2026, registration on Form S-3 of the shares of Class A Common Stock of the Issuer issued to AWH in connection with the Transaction.
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 1,998,401 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. |
| (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.:
75282U104 |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) |  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
|
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
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| | |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
1,998,401 shares |
| (b) | Percent of class:
8.5% |
| (c) | Number of shares as to which the person has:
|
| | (i) Sole power to vote or to direct the vote:
-0- shares
|
| | (ii) Shared power to vote or to direct the vote:
1,998,401 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:
1,998,401 shares
|
| Item 5. | Ownership of 5 Percent or Less of a Class. |
| |
Not Applicable
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| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
| |
Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
| |
Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. |
| |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. |
| |
Not Applicable
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Rule 13d-1(c)