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Retractable Technologies (NYSE: RVP) sets Q2 dividends on Class B preferred

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Retractable Technologies, Inc. announced that its Board of Directors has declared cash dividends on its Series II Class B and Series III Class B Convertible Preferred Stock. The declared dividends are $39,050.00 for Series II Class B and $18,561.25 for Series III Class B.

These dividends have accrued at a rate of $1.00 per share per annum for the period from April 1, 2026 through June 30, 2026. They will be paid on July 20, 2026 to shareholders of record as of the close of business on July 10, 2026.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Series II Class B dividend $39,050.00 Dividend declared for period April 1, 2026 to June 30, 2026
Series III Class B dividend $18,561.25 Dividend declared for period April 1, 2026 to June 30, 2026
Dividend accrual rate $1.00 per share per annum Rate for Series II and Series III Class B Convertible Preferred Stock
Dividend period start April 1, 2026 Beginning of dividend accrual period
Dividend period end June 30, 2026 End of dividend accrual period
Record date July 10, 2026 Shareholders of record date for dividend eligibility
Payment date July 20, 2026 Scheduled date dividends will be paid
Convertible Preferred Stock financial
"Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $18,561.25"
Convertible preferred stock is a special class of company shares that pays priority, usually fixed, payments to holders and can be exchanged later for a set number of common shares. It matters to investors because it combines steady income and added protection with the chance to share in a company’s upside; think of it as a hybrid between a bond that pays regularly and an option to convert into growth-oriented stock, where the conversion rules influence both potential gains and how much common shareholders’ ownership may be reduced.
forward-looking statements regulatory
"Forward-looking statements in this press release are made pursuant to the safe harbor provision"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
safe harbor provision regulatory
"made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995"
A safe harbor provision is a legal clause that shields a party from liability when it follows specified rules or makes certain kinds of statements, such as forecasts or plans, accompanied by required warnings and facts. For investors it matters because it encourages companies to share projections and explanations without fear of automatic lawsuits, much like a seatbelt lets you drive knowing there’s some protection if something goes wrong while still requiring careful behavior.
Private Securities Litigation Reform Act of 1995 regulatory
"pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995"
patent protection financial
"Retractable's maintenance of patent protection; Retractable's ability to maintain favorable third party manufacturing"
Patent protection is a government-granted exclusive right that prevents others from making, using, selling or importing a new invention for a limited time, like putting a product in a locked display case that only the inventor can open. For investors, it matters because this exclusivity can secure future sales and profits, justify higher valuation, and reduce competition risk while the patent lasts; loss or challenge of protection can sharply change a company’s potential revenue.
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Learn about SEC filing dates
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) June 30, 2026

 

Retractable Technologies, Inc.

(Exact name of registrant as specified in its charter)

 

Texas   001-16465 75-2599762
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

 

511 Lobo Lane, Little Elm, Texas 75068-5295
(Address of principal executive offices) (Zip Code)

 

Registrant's telephone number, including area code (972) 294-1010

 

None

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock RVP NYSE American

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

  Emerging growth company  ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

 

 

 

 

 

Item 8.01Other Events.

 

On June 30, 2026, the Company issued a press release, a copy of which is attached to this Form 8-K as Exhibit 99, announcing the declaration of a dividend to the Series II and Series III Class B Convertible Preferred Stock shareholders.

 

Item 9.01Financial Statements and Exhibits.

 

(d) Exhibits

 

99Press release announcing the declaration of a dividend to the Series II and Series III Class B Convertible Preferred Stock shareholders.

 

104Cover Page Interactive Date File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

DATE: June 30, 2026 RETRACTABLE TECHNOLOGIES, INC.
  (Registrant)
     
  BY: /s/ John W. Fort III
    JOHN W. FORT III
    VICE PRESIDENT, CHIEF FINANCIAL OFFICER, AND CHIEF ACCOUNTING OFFICER

 

 

 

 

Exhibit 99

 

RETRACTABLE TECHNOLOGIES, INC. DECLARES DIVIDENDS TO SERIES II AND III CLASS B PREFERRED STOCK SHAREHOLDERS

 

LITTLE ELM, Texas, June 30, 2026 — Retractable Technologies, Inc. (“Retractable”) (NYSE American: RVP) announced today that its Board of Directors has declared dividends to holders of its Series II Class B and Series III Class B Convertible Preferred Stock in the amounts of $39,050.00 and $18,561.25, respectively. Dividends have accrued at $1.00 per share per annum. The dividends cover the period beginning April 1, 2026 through June 30, 2026. The dividends will be paid on July 20, 2026 to shareholders of record as of the close of business on July 10, 2026.

 

Retractable manufactures and markets VanishPoint® and Patient Safe® safety medical products and the EasyPoint® needle. The VanishPoint® syringe, blood collection, and IV catheter products are designed to prevent needlestick injuries and product reuse by retracting the needle directly from the patient, effectively reducing exposure to the contaminated needle. Patient Safe® syringes are uniquely designed to reduce the risk of bloodstream infections resulting from catheter hub contamination. The EasyPoint® is a retractable needle that can be used with luer lock syringes, luer slip syringes, and prefilled syringes to give injections. The EasyPoint® needle also can be used to aspirate fluids and for blood collection. Retractable's products are distributed by various specialty and general line distributors.

 

For more information on Retractable, visit its website at www.retractable.com.

 

Forward-looking statements in this press release are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 and reflect Retractable's current views with respect to future events. Retractable believes that the expectations reflected in such forward-looking statements are accurate. However, Retractable cannot assure you that such expectations will materialize. Actual future performance could differ materially from such statements.

 

Factors that could cause or contribute to such differences include, but are not limited to: tariffs; oil prices; material changes in demand; Retractable's ability to maintain liquidity; Retractable's maintenance of patent protection; Retractable's ability to maintain favorable third party manufacturing and supplier arrangements and relationships; foreign trade risk; Retractable's ability to access the market; production costs; the impact of larger market players in providing devices to the safety market; and other risks and uncertainties that are detailed from time to time in Retractable's periodic reports filed with the U.S. Securities and Exchange Commission.

 

Retractable Technologies, Inc.

John W. Fort III, 888-806-2626 or 972-294-1010

Vice President, Chief Financial Officer, and Chief Accounting Officer

 

 

 

FAQ

What dividend did Retractable Technologies (RVP) declare on its preferred stock?

Retractable Technologies declared cash dividends on its preferred shares, paying $39,050.00 on Series II Class B and $18,561.25 on Series III Class B Convertible Preferred Stock. These amounts reflect dividends accrued for the stated quarter at the specified per-share rate.

Which shareholders of Retractable Technologies (RVP) are eligible to receive the new dividends?

Shareholders of record of Retractable Technologies’ Series II and Series III Class B Convertible Preferred Stock as of the close of business on July 10, 2026 are eligible. The company’s announcement ties eligibility specifically to this record date for the quarterly dividend.

What time period do the new dividends from Retractable Technologies (RVP) cover?

The declared dividends cover the period from April 1, 2026 through June 30, 2026. During this time, dividends on the Series II and Series III Class B Convertible Preferred Stock accrued at the stated annual per-share rate described in the company’s announcement.

When will Retractable Technologies (RVP) pay the declared preferred dividends?

Retractable Technologies will pay the declared preferred dividends on July 20, 2026. Payment will be made to holders of Series II and Series III Class B Convertible Preferred Stock who are on the company’s books as of the July 10, 2026 record date.

At what rate do Retractable Technologies (RVP) preferred dividends accrue?

Dividends on Retractable Technologies’ Series II and Series III Class B Convertible Preferred Stock accrue at $1.00 per share per annum. The announced payment reflects the portion of that annual rate earned over the quarter from April 1, 2026 through June 30, 2026.

Which securities of Retractable Technologies (RVP) are listed on an exchange?

Retractable Technologies’ Common Stock is listed on the NYSE American under the trading symbol RVP. The company highlighted this listing in its disclosure while announcing dividends on its separate Series II and Series III Class B Convertible Preferred Stock.

Filing Exhibits & Attachments

4 documents