RVP CEO buys 10,000 shares at $0.96; direct stake updated
Retractable Technologies (RVP) reported an insider purchase by its President, CEO, Director, and 10% owner, Mr. Shaw.
Rhea-AI Filing Summary
Retractable Technologies (RVP) reported an insider purchase by its President, CEO, Director, and 10% owner, Mr. Shaw. On 10/22/2025, he acquired 10,000 shares of common stock at a weighted average price of $0.96 (Form 4, code P).
Following the transaction, he beneficially owns 15,733,029 shares directly and 831,600 shares indirectly. As noted, he has investment power over 500,000 shares as trustee for a family member and voting control over the remainder pursuant to a voting agreement. A Rule 10b5-1 plan was noted with an adoption date of August 22, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10,000 | $0.96 | $10K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents weighted average price.
- F2. 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
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What did RVP’s insider report on Form 4?
What is Mr. Shaw’s role at RVP (ticker: RVP)?
What is the nature of the indirect ownership reported?
Was a Rule 10b5-1 trading plan mentioned?
What does transaction code P indicate?
AI-generated analysis. How Rhea-AI works. Not financial advice.