Ring Energy (REI) Form 4: Officer Withholds 6,218 Shares for Taxes
Phillip B. Feiner, Senior Vice President and General Counsel of Ring Energy, Inc. (REI), reported a disposition of 6,218 shares of common stock on 07/31/2025 at a reported price of $0.7635 per share.
Rhea-AI Filing Summary
Phillip B. Feiner, Senior Vice President and General Counsel of Ring Energy, Inc. (REI), reported a disposition of 6,218 shares of common stock on 07/31/2025 at a reported price of $0.7635 per share. Following the transaction, Mr. Feiner beneficially owned 153,309 shares. The filing explains these shares were withheld by the registrant to satisfy tax withholding obligations arising from settlement of a restricted stock unit award under the company’s long-term incentive plan. The form is signed by Mr. Feiner on 08/15/2025.
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Insights
TL;DR: Routine RSU tax-withholding sale by an officer; not a material change to ownership.
The Form 4 shows a single non-derivative disposition of 6,218 shares by the reporting officer executed to cover tax withholding tied to RSU settlement. The post-transaction beneficial ownership is 153,309 shares. This type of filing documents a common administrative sale rather than an open-market trading decision and contains no indication of additional purchases, exercises, or plan changes.
TL;DR: Disclosure meets Section 16 requirements and clarifies the nature of the sale.
The filing clearly identifies the reporting person, relationship to the issuer, transaction date, price, and the explanatory note that shares were withheld for tax withholding from RSU settlement. The signature is present. There are no facts in the filing that indicate governance concerns, policy deviations, or undisclosed benefit arrangements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,218 | $0.7635 | $5K |
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
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What transaction did Ring Energy insider Phillip B. Feiner report on Form 4 (REI)?
When did Phillip B. Feiner sign the Form 4 for REI?
What is Phillip B. Feiner’s role at Ring Energy as stated on the Form 4?
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