119,048-share RSU grant to Ring Energy (NYSE: REI) director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ring Energy director David Habachy reported a grant of 119,048 restricted stock units tied to the company’s common stock at a stated price of $0.00 per unit. The award vests on February 17, 2027 and each unit converts into one share, bringing his direct holdings to 383,444 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Habachy David
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 119,048 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 383,444 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ring Energy (REI) director David Habachy report?
David Habachy reported receiving a grant of 119,048 restricted stock units of Ring Energy common stock. The award was recorded at a price of $0.00 per unit and is structured as a stock-based compensation grant rather than an open-market purchase or sale.
When do David Habachy’s new Ring Energy restricted stock units vest?
The 119,048 restricted stock units granted to David Habachy vest on February 17, 2027. Vesting means that on that date, subject to the award’s terms, each unit will convert into one share of Ring Energy common stock for the director.
What does each restricted stock unit represent in the Ring Energy Form 4?
Each restricted stock unit represents a contingent right to receive one share of Ring Energy common stock. The units convert into shares when the vesting condition is satisfied on February 17, 2027, according to the terms of the restricted stock unit agreement.