Ring Energy director granted 119,048 RSUs
CRUM JOHN A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
CRUM JOHN A reported acquisition or exercise transactions in this Form 4 filing.
Ring Energy, Inc. director John A. Crum received a grant of 119,048 shares of common stock as a restricted stock unit award. The award has a stated price of $0.00 per share, indicating it is a compensation grant rather than an open-market purchase.
According to the terms, the restricted stock units vest on February 17, 2027, and each unit represents the right to receive one share of Ring Energy common stock. After this grant, Crum’s directly held common stock position increased to 683,173 shares, aligning his compensation more closely with shareholder equity.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 119,048 | $0.00 | $0.00 |
Footnotes (1)
- F1. This restricted stock unit award vests on February 17, 2027, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.
FAQ
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What insider transaction did Ring Energy (REI) report for John A. Crum?
When do John A. Crum’s Ring Energy (REI) restricted stock units vest?
Was John A. Crum’s Ring Energy (REI) transaction a market purchase or a grant?
What does each restricted stock unit in the Ring Energy (REI) award represent?
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