STOCK TITAN

Ring Energy (REI) SVP uses stock withholding to cover tax liability

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RING ENERGY, INC. Senior VP of Operations Shawn D. Young reported three transactions where shares were withheld to cover tax obligations from restricted stock unit settlements under the long-term incentive plan. On February 16, 14,080 common shares at $1.27 per share were withheld, leaving him with 197,487 directly owned shares, with similar tax-withholding dispositions on February 12 and 13.

Positive

  • None.

Negative

  • None.
Insider Young Shawn D.
Role Senior VP, Operations
Type Security Shares Price Value
Tax Withholding Common Stock 14,080 $1.27 $18K
Tax Withholding Common Stock 14,361 $1.27 $18K
Tax Withholding Common Stock 11,980 $1.21 $14K
Holdings After Transaction: Common Stock — 197,487 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Young Shawn D.

(Last) (First) (Middle)
1725 HUGHES LANDING BLVD., SUITE 900

(Street)
THE WOODLANDS TX 77380

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RING ENERGY, INC. [ REI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior VP, Operations
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/12/2026 F 11,980(1) D $1.21 225,928 D
Common Stock 02/13/2026 F 14,361(1) D $1.27 211,567 D
Common Stock 02/16/2026 F 14,080(1) D $1.27 197,487 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares of Common Stock withheld by the Registrant to cover tax withholding obligations of the reporting person arising from the settlement of a restricted stock unit award granted under the Registrant's long-term incentive plan.
Remarks:
/s/ Shawn D. Young 02/19/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did REI executive Shawn D. Young report in this Form 4?

Shawn D. Young reported three dispositions of Ring Energy common stock. The transactions reflect shares withheld by the company to cover tax obligations from settling restricted stock units under its long-term incentive plan, rather than open-market sales.

Were the REI Form 4 transactions open-market sales of shares?

No, the transactions were not open-market sales. They were tax-withholding dispositions, where Ring Energy withheld common shares to satisfy tax liabilities arising from restricted stock unit settlements granted under its long-term incentive plan.

How many REI shares were withheld on February 16, 2026?

On February 16, 2026, 14,080 shares of Ring Energy common stock were withheld at $1.27 per share. This withholding covered tax obligations from a restricted stock unit settlement under the company’s long-term incentive plan for executive compensation.

What is Shawn D. Young’s REI shareholding after these transactions?

After the February 16, 2026 tax-withholding transaction, Shawn D. Young directly owned 197,487 Ring Energy common shares. This figure reflects his holdings following the reported restricted stock unit settlement and associated tax-withholding dispositions recorded in the Form 4.

What transaction code is used in the REI Form 4 and what does it mean?

The transactions use code F, which indicates payment of exercise price or tax liability by delivering securities. In this case, Ring Energy withheld common shares from restricted stock unit settlements to satisfy Shawn D. Young’s related tax obligations.