Ring Energy (REI) grants 238,095 restricted stock units to General Counsel
Rhea-AI Filing Summary
FEINER PHILLIP B reported acquisition or exercise transactions in this Form 4 filing.
RING ENERGY, INC. Senior VP and General Counsel Phillip B. Feiner received a grant of 238,095 shares of common stock in the form of restricted stock units on February 17, 2026. The award was recorded at a price of $0.00 per share, reflecting a grant rather than an open-market purchase.
The filing states that each restricted stock unit represents the right to receive one share of common stock, vesting in equal annual installments over three years starting on February 17, 2027, subject to the award’s terms. Following this grant, Feiner directly holds 379,061 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 238,095 shares
Net Buy
1 txn
Insider
FEINER PHILLIP B
Role
Senior VP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 238,095 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 379,061 shares (Direct)
Footnotes (1)
- F1. This restricted stock unit award vests on an equal annual basis over a three-year period with the first vesting date on February 17, 2027, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.
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FAQ
What insider transaction did REI executive Phillip B. Feiner report?
Phillip B. Feiner reported receiving a grant of 238,095 restricted stock units of Ring Energy common stock. The award is recorded at $0.00 per share and represents compensation rather than an open-market stock purchase.
How do Phillip B. Feiner’s REI restricted stock units vest?
Feiner’s restricted stock unit award vests in equal annual installments over three years. The first vesting date is February 17, 2027, and each vested unit converts into one share of Ring Energy common stock under the award terms.
What does each REI restricted stock unit granted to Phillip B. Feiner represent?
Each restricted stock unit granted to Feiner represents a contingent right to receive one share of Ring Energy common stock. The units convert into shares as they vest according to the three-year equal annual vesting schedule starting February 17, 2027.