RSU award lifts Ring Energy (REI) director’s stake to 683,173 shares
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
CRUM JOHN A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 119,048 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 683,173 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ring Energy (REI) report for John A. Crum?
Ring Energy reported that director John A. Crum received a grant of 119,048 restricted stock units of common stock. The award was recorded at $0.00 per share, indicating equity compensation rather than a market purchase, and is structured to vest in the future under its agreement terms.
When do John A. Crum’s Ring Energy (REI) restricted stock units vest?
The restricted stock unit award to John A. Crum vests on February 17, 2027. Vesting means he will then be entitled to receive the underlying common shares, assuming he satisfies the conditions of the restricted stock unit agreement governing this compensation grant.
Was John A. Crum’s Ring Energy (REI) transaction a market purchase or a grant?
The transaction was a grant of restricted stock units, not a market purchase. It is labeled as a grant, award, or other acquisition at $0.00 per share, consistent with equity-based director compensation rather than buying shares in open-market trading.
What does each restricted stock unit in the Ring Energy (REI) award represent?
Each restricted stock unit granted to John A. Crum represents the contingent right to receive one share of Ring Energy common stock. Delivery of those shares is subject to the vesting conditions set out in the restricted stock unit agreement effective through February 17, 2027.