[Form 4] Retractable Technologies, Inc Insider Trading Activity

Rhea-AI Filing Summary

Retractable Technologies, Inc. (RVP) – Form 4 insider transaction

President, CEO, Director and 10% owner Thomas J. Shaw reported an open-market purchase (Transaction Code “P”) of the company’s common stock on July 1 2025. The filing, submitted on July 3 2025, discloses:

• Shares acquired: 8,574
• Weighted-average price: $0.628 per share (note 1)
• Direct ownership after transaction: 15,450,594 shares
• Indirect ownership: 831,600 shares (500,000 held as trustee; remainder under a voting agreement – note 2)
• Total beneficial ownership: roughly 16.28 million shares

The purchase was executed under a previously adopted Rule 10b5-1 trading plan dated August 22 2024. The additional shares increase Shaw’s direct stake by approximately 0.06%, indicating a marginal change in his economic exposure but demonstrating continued insider participation.

Because the transaction volume is small relative to Shaw’s existing holdings and the company’s total float, the filing is viewed as informational rather than materially transformative for RVP’s investment thesis. No derivative security activity or sales were reported.

Positive

• CEO insider purchase indicates continued personal alignment, albeit on a small scale.

Negative

• None.

Insights

Securities Analyst

TL;DR: Tiny CEO purchase under 10b5-1 plan; sentiment mildly positive, financial impact negligible; overall neutral for valuation.

The Form 4 shows Thomas J. Shaw buying 8,574 shares at $0.628. While insider buying from a CEO often signals confidence, the dollar value (≈ $5.4 k) and <0.1% addition to his 15.4 million-share position make it immaterial in absolute and relative terms. The trade falls under a pre-arranged 10b5-1 plan, reducing any informational advantage. There is no accompanying sale, so the direction is positive, but the scale suggests limited read-through for earnings, liquidity, or capital structure. Investors may view the filing as a modest alignment signal, yet it does not alter cash-flow forecasts, risk profile, or governance considerations.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SHAW THOMAS J

(Last) (First) (Middle)

511 LOBO LANE

(Street)

LITTLE ELM TX 75068

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RETRACTABLE TECHNOLOGIES INC [ RVP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT AND CEO

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/01/2025		P		8,574	A	$0.628(1)	15,450,594	D
Common Stock								831,600	I	Voting or Investment Control(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents weighted average price.

2. Mr. Shaw has investment power over 500,000 shares as Trustee for the benefit of a family member. Mr. Shaw has voting control over the remainder of the shares pursuant to a voting agreement.

Remarks:

The Rule 10b5-1 Plan's date of adoption was August 22, 2024.

	/s/ D. Valerie Thomas, Attorney-in-Fact	07/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many RVP shares did CEO Thomas J. Shaw buy on July 1 2025?

He purchased 8,574 common shares at a weighted-average price of $0.628.

What is Thomas J. Shaw’s total RVP share ownership after the transaction?

He beneficially owns about 16.28 million shares (15.45 million direct and 0.83 million indirect).

Was the RVP insider trade executed under a Rule 10b5-1 plan?

Yes. The filing notes the trading plan was adopted on August 22 2024.

Did the Form 4 include any sales or derivative transactions?

No. The only activity reported was a purchase of common stock; no derivatives or sales were disclosed.

Does the purchase materially change insider ownership at RVP?

No. The 8,574 shares represent roughly 0.06% of Shaw’s existing direct holdings, so the impact is minimal.