Ring Energy (REI) COO has shares withheld to cover RSU tax bill
Rhea-AI Filing Summary
Ring Energy, Inc. EVP and Chief Operations Officer Alexander Dyes reported three Form 4 transactions where shares of common stock were withheld to cover tax obligations from restricted stock unit settlements. The withholdings involved 26,863 shares at $1.21 per share on February 12, 2026, 18,772 shares at $1.27 per share on February 13, 2026, and 13,409 shares at $1.27 per share on February 16, 2026. After these tax-withholding dispositions, Dyes directly held 848,112 shares of Ring Energy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 59,044 shares
Net Sell
3 txns
Insider
Dyes Alexander
Role
EVP Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,409 | $1.27 | $17K |
| Exercise Price or Tax Liability | Common Stock | 18,772 | $1.27 | $24K |
| Exercise Price or Tax Liability | Common Stock | 26,863 | $1.21 | $33K |
Holdings After Transaction:
Common Stock — 848,112 shares (Direct)
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Ring Energy (REI) report for Alexander Dyes?
Ring Energy EVP and COO Alexander Dyes reported three Form 4 transactions where shares were withheld to cover taxes on restricted stock units. These were administrative tax-withholding dispositions, not open-market sales, and reflect standard equity compensation settlement mechanics.
What does transaction code “F” mean in the Ring Energy (REI) Form 4?
Transaction code “F” indicates payment of exercise price or tax liability by delivering securities. In this Ring Energy filing, it means the company withheld common shares from Alexander Dyes’ restricted stock unit settlements to cover due taxes, instead of him paying cash to the tax authorities.