Ring Energy (REI) CEO logs RSU tax-withholding share dispositions in Form 4
Filing Impact
Filing Sentiment
Form Type
4
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
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
McKinney Paul D.
Role
CEO and Chairman of the Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 54,358 | $1.27 | $69K |
| Tax Withholding | Common Stock | 54,358 | $1.27 | $69K |
| Tax Withholding | Common Stock | 90,360 | $1.21 | $109K |
Holdings After Transaction:
Common Stock — 2,816,978 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did REI CEO Paul D. McKinney report on this Form 4?
Paul D. McKinney reported three tax-withholding share dispositions. On February 12, 13, and 16, 2026, Ring Energy withheld blocks of common stock to cover tax obligations from restricted stock unit settlement under its long-term incentive plan, rather than through open-market sales.
What prices were used for the REI tax-withholding dispositions on this Form 4?
The tax-withholding dispositions used prices of $1.21 and $1.27. On February 12, 2026, 90,360 shares were valued at $1.21 per share, while on February 13 and 16, 54,358 shares each day were valued at $1.27 per share for withholding purposes.
Were Paul D. McKinney’s REI transactions open-market stock sales?
No, the transactions were not open-market sales. The filing states the shares were withheld by Ring Energy to cover McKinney’s tax withholding obligations arising from settlement of a restricted stock unit award granted under the company’s long-term incentive plan.
What is the Form 4 transaction code F used in this REI filing?
Code F indicates a tax-withholding disposition of shares. The filing describes it as payment of an exercise price or tax liability by delivering securities, here representing shares withheld by Ring Energy to satisfy McKinney’s tax obligations from restricted stock unit settlement.