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.

Insights

Corporate Governance Analyst

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.

Securities Compliance Specialist

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.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 7)

RING ENERGY, INC.

(Name of Issuer)

Common Stock, par value $0.001

(Title of Class of Securities)

76680V108

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 76680V108

1

Names of Reporting Persons

William R. Kruse

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

TEXAS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,006,200.00
6	Shared Voting Power 13,752,532.00
7	Sole Dispositive Power 1,006,200.00
8	Shared Dispositive Power 13,752,532.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

14,758,732.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

7.0 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: William R. Kruse owns 1,006,200 shares of stock in his individual accounts over which he has sole voting and dispositive power. William R. Kruse and Deborah L. Kruse own 13,752,532 shares in accounts as joint tenants with right of survivorship. Based on 207,223,177 shares issued and outstanding as reported on the Issuer's most recent 10-Q filed on September 30, 2025.

SCHEDULE 13G

CUSIP No. 76680V108

1

Names of Reporting Persons

Deborah L. Kruse

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

TEXAS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 13,752,532.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 13,752,532.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

13,752,532.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.6 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: William R. Kruse owns 1,006,200 shares of stock in his individual accounts over which he has sole voting and dispositive power. William R. Kruse and Deborah L. Kruse own 13,752,532 shares in accounts as joint tenants with right of survivorship. Based on 207,223,177 shares issued and outstanding as reported on the Issuer's most recent 10-Q filed on September 30, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: RING ENERGY, INC.
(b)	Address of issuer's principal executive offices: 1725 HUGHES LANDING BLVD., SUITE 900, The Woodlands, TX, 77380
Item 2.
(a)	Name of person filing: William R. Kruse and Deborah L. Kruse
(b)	Address or principal business office or, if none, residence: 1340 S. Main Street, Suite 300, Grapevine, TX 76051
(c)	Citizenship: TX
(d)	Title of class of securities: Common Stock, par value $0.001
(e)	CUSIP No.: 76680V108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: William R. Kruse 14,758,732 Deborah L. Kruse 13,752,532
(b)	Percent of class: William R. Kruse 7.0% Deborah L. Kruse 6.6%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: William R. Kruse 10,006,200 Deborah L. Kruse 0
	(ii) Shared power to vote or to direct the vote: William R. Kruse 13,752,532 Deborah L. Kruse 13,752,532
	(iii) Sole power to dispose or to direct the disposition of: William R. Kruse 1,006,200 Deborah L. Kruse 0
	(iv) Shared power to dispose or to direct the disposition of: William R. Kruse 13,752,532 Deborah L. Kruse 13,752,532
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

William R. Kruse

Signature:	/s/ William R. Kruse
Name/Title:	Individual
Date:	02/20/2026

Deborah L. Kruse

Signature:	/s/ Deborah L. Kruse
Name/Title:	Individual
Date:	02/20/2026

FAQ

What percentage of Ring Energy (REI) does William R. Kruse own?

William R. Kruse beneficially owns 14,758,732 shares (7.0%) of common stock. This percentage is calculated using 207,223,177 shares outstanding as of September 30, 2025, per the filing's stated reference point.

How many Ring Energy shares does Deborah L. Kruse hold and what is her stake?

Deborah L. Kruse beneficially owns 13,752,532 shares (6.6%) of common stock. The filing ties this percentage to 207,223,177 shares outstanding as of September 30, 2025 reported in the issuer's 10-Q.

Which shares are held jointly by William and Deborah Kruse?

The filing states 13,752,532 shares are owned by William and Deborah Kruse as joint tenants with right of survivorship. It also reports William separately holds 1,006,200 shares in individual accounts.

Does the filing show who has voting or dispositive power over the shares?

Yes. William R. Kruse is shown with sole voting and dispositive power over 1,006,200 shares and with shared voting and dispositive power over 13,752,532 shares. Deborah L. Kruse has shared voting and dispositive power over 13,752,532 shares.

What is the reporting date or signature date on this Schedule 13G/A amendment?

The filing is signed by both individuals with signature dates of 02/20/2026. The ownership percentages reference outstanding shares as of September 30, 2025 from the issuer's 10-Q.