RVP CEO purchase: 10,000 shares at $0.96; 10b5-1 plan noted
Filing Impact
Filing Sentiment
Form Type
4
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
Net Buyer: 10,000 shares ($9,600)
Net Buy
2 txns
Insider
SHAW THOMAS J
Role
PRESIDENT AND CEO
Bought
10,000 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 10,000 | $0.96 | $10K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 15,733,029 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’s insider report on Form 4?
Mr. Shaw reported purchasing 10,000 shares of Retractable Technologies common stock on 10/22/2025 at a weighted average price of $0.96.
What is Mr. Shaw’s role at RVP (ticker: RVP)?
He is a Director, 10% Owner, and serves as President and CEO.
What is the nature of the indirect ownership reported?
He has investment power over 500,000 shares as Trustee for a family member and voting control over the remainder via a voting agreement.
Was a Rule 10b5-1 trading plan mentioned?
Yes. A Rule 10b5-1 plan was noted with an adoption date of August 22, 2024.
What does transaction code P indicate?
Code P indicates a purchase of non-derivative securities.