Kruse family reports 14.8M shares in Ring Energy (REI) Schedule 13G/A
Rhea-AI Filing Summary
Ring Energy, Inc. amendment to a Schedule 13G/A reports beneficial ownership stakes for William R. Kruse and Deborah L. Kruse.
William R. Kruse beneficially owns 14,758,732 shares (7.0%) and Deborah L. Kruse beneficially owns 13,752,532 shares (6.6%), based on 207,223,177 shares outstanding as of September 30, 2025. The filing states 1,006,200 shares are held solely by William R. Kruse and 13,752,532 shares are held jointly by William R. Kruse and Deborah L. Kruse as joint tenants with right of survivorship.
Positive
- None.
Negative
- None.
Insights
Schedules show concentrated family holdings but below majority control.
The filing lists William R. Kruse with 14,758,732 shares and Deborah L. Kruse with 13,752,532 shares, referencing September 30, 2025 outstanding shares of 207,223,177. Voting and dispositive power details distinguish sole and shared authority, with 1,006,200 shares solely controlled by William.
Implications depend on future filings and any coordinated actions; subsequent disclosures would show if these holdings change or are used in governance votes.
Amendment clarifies beneficial ownership and voting/dispositive powers.
The amendment attributes shared voting and dispositive power for 13,752,532 shares to the Kruses as joint tenants and documents sole powers for William over 1,006,200 shares. The filing supplies the issuer's CUSIP (76680V108).
Filing dates are shown as signatures dated 02/20/2026; further schedule amendments would update ownership percentages if share counts change.