Ring Energy SVP awarded 222,222 restricted shares
Young Shawn D. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Young Shawn D. reported acquisition or exercise transactions in this Form 4 filing.
RING ENERGY, INC. Senior VP of Operations Shawn D. Young reported an award of 222,222 shares of common stock on a grant basis. The award is structured as restricted stock units that vest in equal annual installments over three years, starting on February 17, 2027. After this grant, Young directly holds 419,709 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 222,222 | $0.00 | $0.00 |
Footnotes (1)
- F1. This restricted stock unit award vests on an equal annual basis over a three-year period with the first vesting date 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 Shawn D. Young?
How do Shawn D. Young’s Ring Energy restricted stock units vest?
What does each restricted stock unit in the Ring Energy grant represent?
What is the transaction code used in Shawn D. Young’s Ring Energy Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.