Ring Energy (REI) CEO boosts stake with 50,000-share open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RING ENERGY, INC. CEO and Chairman Paul D. McKinney reported an open-market purchase of 50,000 shares of Common Stock at an average price of $1.19 per share. Following this transaction, he directly holds a total of 4,158,463 shares. The newly purchased shares represent a relatively small addition compared with his overall reported holdings, suggesting this filing documents an incremental increase in his personal stake rather than a large position change.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,000 shares ($59,500)
Net Buy
1 txn
Insider
McKinney Paul D.
Role
CEO and Chairman of the Board
Bought
50,000 shs ($60K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 50,000 | $1.19 | $60K |
Holdings After Transaction:
Common Stock — 4,158,463 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 50,000 shares
Purchase price: $1.19 per share
Post-transaction holdings: 4,158,463 shares
+1 more
4 metrics
Shares purchased
50,000 shares
Open-market purchase of Common Stock
Purchase price
$1.19 per share
Average price for reported buy
Post-transaction holdings
4,158,463 shares
Direct ownership after purchase
Net share change
50,000 shares
Net-buy shares in transactionSummary
Key Terms
open-market purchase, Common Stock, Form 4, transaction code "P"
4 terms
open-market purchase financial
"reporting an open-market purchase of 50,000 shares of Common Stock"
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.
Common Stock financial
"open-market purchase of 50,000 shares of Common Stock at an average price"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"reported in this Form 4 insider filing"
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.
transaction code "P" regulatory
"indicated by transaction code “P” and the transaction_direction field labeled “buy”"
FAQ
What insider transaction did Ring Energy (REI) report in this Form 4?
Ring Energy reported that CEO and Chairman Paul D. McKinney bought 50,000 shares of Common Stock. The purchase was an open-market transaction at an average price of $1.19 per share, increasing his directly held stake in the company.
Was the Ring Energy (REI) CEO’s transaction a purchase or a sale?
The transaction was a purchase. Paul D. McKinney, Ring Energy’s CEO and Chairman, executed an open-market buy of 50,000 Common Stock shares, as indicated by transaction code “P” and the transaction_direction field labeled “buy.”
Does the Ring Energy (REI) Form 4 show any derivative security activity?
No derivative security activity is shown in this Form 4. The filing reports only a single non-derivative transaction: an open-market purchase of 50,000 shares of Common Stock, with no option exercises or other derivative movements listed.