Ring Energy interim CFO reports tax-share disposals
Ring Energy, Inc. interim CFO Rocky Kwon reported three small share dispositions classified as tax-withholding transactions related to restricted stock units.
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Rhea-AI Filing Summary
Ring Energy, Inc. interim CFO Rocky Kwon reported three small share dispositions classified as tax-withholding transactions related to restricted stock units. On February 12, 10,689 common shares at $1.21 per share were withheld. On February 13, 7,285 shares and on February 16, 6,185 shares were withheld at $1.27 per share. After these transactions, Kwon’s directly held common stock positions reported in the filing ranged between about 175,000 and 189,000 shares, reflecting routine tax settlements rather than open-market buying or selling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 6,185 | $1.27 | $8K |
| Exercise Price or Tax Liability | Common Stock | 7,285 | $1.27 | $9K |
| Exercise Price or Tax Liability | Common Stock | 10,689 | $1.21 | $13K |
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 insider transactions did Ring Energy (REI) interim CFO Rocky Kwon report?
Were Rocky Kwon’s Ring Energy (REI) transactions open-market sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.