Ring Energy (REI) director receives 119,048 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RING ENERGY, INC. director Carla Todd Tharp reported an equity award on common stock. She acquired 119,048 restricted stock units for no cash payment in a grant categorized as a “grant, award, or other acquisition.”
The award vests on February 17, 2027 under a restricted stock unit agreement, with each unit representing the right to receive one share of Ring Energy common stock. Following this grant, her directly owned common stock position is 195,225 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tharp Carla Todd
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 119,048 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 195,225 shares (Direct)
Footnotes (1)
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FAQ
What did Ring Energy (REI) director Carla Todd Tharp report on this Form 4?
Carla Todd Tharp reported an equity award of 119,048 restricted stock units. The transaction is classified as a grant or award acquisition, not an open-market purchase, and increases her directly owned common stock position to 195,225 shares after the award.
When do Carla Todd Tharp’s Ring Energy (REI) restricted stock units vest?
The restricted stock unit award is scheduled to vest on February 17, 2027. Vesting is subject to the terms of the restricted stock unit agreement, which typically governs continued service and other conditions for earning the underlying common shares.
What is Carla Todd Tharp’s Ring Energy (REI) ownership after this Form 4 transaction?
After the reported grant, her directly owned common stock position is 195,225 shares. This total reflects the addition of 119,048 restricted stock units tied to Ring Energy common stock as disclosed in the non-derivative holdings section of the Form 4.
How is the Ring Energy (REI) restricted stock unit award structured?
Each restricted stock unit represents a contingent right to receive one Ring Energy common share. The units vest on February 17, 2027, subject to the restricted stock unit agreement, meaning the shares are delivered only once vesting conditions are satisfied.