RVP insider purchase: CEO adds 356 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Retractable Technologies (RVP) reported an insider purchase by Mr. Shaw, its President and CEO, Director, and 10% Owner. On 10/23/2025, he bought 356 shares of common stock at a weighted average price of $0.951, made pursuant to a Rule 10b5-1(c) trading plan adopted on August 22, 2024.
Following the transaction, Mr. Shaw beneficially owns 15,733,385 shares directly and 831,600 shares indirectly. The indirect holdings include 500,000 shares over which he has investment power as trustee for a family member, and he has voting control over the remainder pursuant to a voting agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 356 shares ($339)
Net Buy
2 txns
Insider
SHAW THOMAS J
Role
PRESIDENT AND CEO
Bought
356 shs ($338.56)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 356 | $0.951 | $338.56 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 15,733,385 shares (Direct);
Common Stock — 831,600 shares (Indirect, Voting or Investment Control)
Footnotes (1)
- Represents weighted average price. 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.
FAQ
What did RVP disclose on this Form 4?
An insider purchase by Mr. Shaw of 356 shares at a weighted average price of $0.951 on 10/23/2025.
Was the trade under a Rule 10b5-1 plan?
Yes. The purchase was made under a Rule 10b5-1(c) plan adopted on August 22, 2024.
What roles does the reporting person hold at RVP?
He is a Director, 10% Owner, and serves as President and CEO.
What is included in the indirect ownership?
It includes 500,000 shares with investment power as trustee for a family member, with voting control over the remainder under a voting agreement.