STOCK TITAN

Ring Energy (REI) CFO acquires 231,000 shares in open-market buy

Filing Impact
(High)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Ring Energy, Inc. Executive Vice President and Chief Financial Officer Sundip Singh Johl reported an open-market purchase of common stock. He bought 231,000 shares of Ring Energy at a weighted average price of $1.2071 per share. Following this transaction, he directly owns 548,460 common shares. The filing notes that the purchase was executed through multiple trades at prices ranging from $1.1922 to $1.2218 per share.

Positive

  • None.

Negative

  • None.
Insider Johl Sundip Singh
Role EVP, Chief Financial Officer
Bought 231,000 shs ($279K)
Type Security Shares Price Value
Purchase Common Stock 231,000 $1.2071 $279K
Holdings After Transaction: Common Stock — 548,460 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares purchased 231,000 shares Open-market purchase of common stock
Weighted average purchase price $1.2071 per share Price paid for 231,000 Ring Energy shares
Post-transaction holdings 548,460 shares Direct common stock owned by CFO after purchase
Trade price range $1.1922–$1.2218 per share Range of prices across multiple purchase transactions
open-market purchase financial
"He bought 231,000 shares of Ring Energy at a weighted average price of $1.2071 per share."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.1922 to $1.2218, inclusive."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED 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*
Johl Sundip Singh

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

(Street)
THE WOODLANDS TEXAS 77380

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RING ENERGY, INC. [ REI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026P231,000A$1.2071(1)548,460D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.1922 to $1.2218, inclusive. The reporting person undertakes to provide to the Registrant, any security holder of the Registrant, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Remarks:
/s/ Sundip S. Johl06/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Ring Energy (REI) report in this Form 4?

Ring Energy reported that its EVP and Chief Financial Officer, Sundip Singh Johl, purchased 231,000 shares of common stock. The shares were acquired in an open-market transaction at a weighted average price of $1.2071 per share, increasing his direct ownership stake.

How many Ring Energy (REI) shares does the CFO own after this transaction?

After the reported purchase, Ring Energy’s CFO Sundip Singh Johl directly owns 548,460 shares of common stock. This total reflects his holdings immediately following the 231,000-share open-market acquisition disclosed in the Form 4 filing.

At what price did the Ring Energy (REI) CFO buy shares in this filing?

The CFO bought Ring Energy common stock at a weighted average price of $1.2071 per share. According to the footnote, individual trades occurred in a range between $1.1922 and $1.2218 per share during the purchase.

Was the Ring Energy (REI) insider transaction a purchase or a sale?

The insider transaction was a purchase. EVP and Chief Financial Officer Sundip Singh Johl conducted an open-market buy of 231,000 Ring Energy common shares, as indicated by transaction code “P” and the buy classification in the Form 4 data.

What does the price range in the Ring Energy (REI) Form 4 footnote mean?

The footnote explains that the reported $1.2071 is a weighted average price across multiple trades. Individual purchases were executed at prices between $1.1922 and $1.2218 per share, and full trade-by-trade details are available upon request from the company or regulators.