Retractable Technologies Insider Purchase: CEO Adds 5,000 Shares

Rhea-AI Filing Summary

Thomas J. Shaw, President and CEO of Retractable Technologies, acquired 5,000 shares of the company's common stock on 09/29/2025 at a weighted average price of $0.8201 under a Rule 10b5-1 plan adopted 08/22/2024. After the transaction, Mr. Shaw directly beneficially owns 15,678,825 shares and indirectly holds 831,600 shares for which he has voting or investment control as Trustee for a family member. The filing was signed by an attorney-in-fact on 09/30/2025.

Positive

• CEO purchased 5,000 shares on 09/29/2025 at a weighted average price of $0.8201.
• Direct beneficial ownership reported at 15,678,825 shares after the transaction, showing substantial insider stake.
• Indirect holdings of 831,600 shares disclosed with explanation of Trustee investment power and voting agreement.
• Transaction executed under a Rule 10b5-1 plan adopted 08/22/2024, indicating a pre-established trading plan.

Negative

• None.

Insights

Financial Analyst

TL;DR: CEO purchased 5,000 shares at $0.8201 under a pre-existing 10b5-1 plan, slightly increasing direct ownership.

The purchase is modest relative to the CEO's total direct stake of 15.7 million shares, so the transaction is unlikely to materially change ownership percentages or control. The use of a Rule 10b5-1 plan indicates the trade was pre-planned and may reduce concerns about opportunistic timing. Investors should note the reported weighted average price and the combined direct and indirect holdings disclosed.

Corporate Governance Expert

TL;DR: Insider transaction follows a documented 10b5-1 plan and discloses both direct and indirect holdings clearly.

The filing specifies that Mr. Shaw has voting control over the bulk of his holdings and investment power over 500,000 shares as Trustee for a family member, which clarifies potential conflicts and control structure. The signature by an attorney-in-fact is properly noted. The disclosure is complete for the reported transaction and ownership breakdown.

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).

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)
09/29/2025

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	09/29/2025		P		5,000	A	$0.8201(1)	15,678,825	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	09/30/2025
	** 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

What insider activity did RVP (Retractable Technologies) report on 09/29/2025?

The company's President and CEO, Thomas J. Shaw, acquired 5,000 shares on 09/29/2025 at a weighted average price of $0.8201 under a Rule 10b5-1 plan.

How many shares does Thomas J. Shaw beneficially own after the Form 4 filing?

Following the reported transaction, Mr. Shaw directly beneficially owns 15,678,825 shares and indirectly beneficially owns 831,600 shares.

Was the trade part of a prearranged plan?

Yes. The filing states the trade was made under a Rule 10b5-1 plan adopted on 08/22/2024.

Does Mr. Shaw have voting or investment control over indirect holdings?

Yes. The filing states Mr. Shaw has investment power over 500,000 shares as Trustee for a family member and voting control over the remainder pursuant to a voting agreement.

Who signed the Form 4 and when?

The Form 4 was signed by D. Valerie Thomas, Attorney-in-Fact on 09/30/2025.