Ring Energy CEO reports tax-withholding share dispositions
Rhea-AI Filing Summary
RING ENERGY, INC. CEO and Chairman Paul D. McKinney reported three tax-related share dispositions involving company common stock. On February 12, 2026, 90,360 shares were withheld at $1.21 per share. On February 13 and February 16, 2026, an additional 54,358 shares were withheld on each date at $1.27 per share.
According to the footnote, these shares were withheld by the company to satisfy tax withholding obligations arising from the settlement of a restricted stock unit award under its long-term incentive plan, rather than sold in open-market transactions. After the latest withholding, McKinney directly holds 2,816,978 common shares.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 54,358 | $1.27 | $69K |
| Exercise Price or Tax Liability | Common Stock | 54,358 | $1.27 | $69K |
| Exercise Price or Tax Liability | Common Stock | 90,360 | $1.21 | $109K |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did REI CEO Paul D. McKinney report on this Form 4?
What prices were used for the REI tax-withholding dispositions on this Form 4?
Were Paul D. McKinney’s REI transactions open-market stock sales?
What is the Form 4 transaction code F used in this REI filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.