Director Thomas L. Mitchell receives 119,048 RSUs at Ring Energy (REI)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RING ENERGY, INC. director Thomas L. Mitchell reported an equity compensation award in the form of restricted stock units covering 119,048 shares of common stock. The award was granted on February 17, 2026, at an effective price of $0.00 per unit as a grant, award, or other acquisition.
According to the footnote, this restricted stock unit award vests on February 17, 2027, under the terms of a restricted stock unit agreement, and each unit represents the contingent right to receive one share of Ring Energy common stock. After this award, Mitchell’s directly held common stock position is 583,173 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MITCHELL THOMAS L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 119,048 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 583,173 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did RING ENERGY, INC. (REI) report for Thomas L. Mitchell?
RING ENERGY, INC. reported that director Thomas L. Mitchell received a grant of 119,048 restricted stock units on February 17, 2026. These units are a form of equity compensation, each representing a contingent right to receive one share of Ring Energy common stock at vesting.
When do Thomas L. Mitchell’s Ring Energy restricted stock units vest?
The restricted stock unit award to Thomas L. Mitchell vests on February 17, 2027, subject to the terms of the restricted stock unit agreement. Vesting means that, on that date, each vested unit entitles him to receive one share of Ring Energy common stock, assuming all conditions are satisfied.
What is the exercise or purchase price for Thomas L. Mitchell’s REI restricted stock units?
The restricted stock unit grant to Thomas L. Mitchell was reported with a transaction price of $0.00 per share. This reflects that RSUs are typically granted as compensation without a cash exercise price, delivering shares upon vesting rather than requiring separate purchase payments.
What type of transaction was reported for Thomas L. Mitchell’s Ring Energy award?
The transaction for Thomas L. Mitchell was coded as “A,” described as a grant, award, or other acquisition of common stock in non-derivative form. It represents an equity compensation grant rather than an open-market purchase or sale, and is categorized as an acquisition transaction.