Retractable Technologies CEO Reports 14,083-Share Purchases Under 10b5-1 Plan

Rhea-AI Filing Summary

Retractable Technologies (RVP) Form 4: Thomas J. Shaw, President, CEO, Director and 10% owner, reported two open-market purchases executed under a Rule 10b5-1 plan. On 08/14/2025 he purchased 3,103 shares at a weighted average price of $0.7875. On 08/15/2025 he purchased 10,980 shares at a weighted average price of $0.7948. Following these transactions Mr. Shaw beneficially owns 15,603,348 shares directly and has indirect beneficial ownership of 831,600 shares (investment power as trustee over 500,000 shares and voting control over the remainder by agreement). The 10b5-1 plan was adopted on August 22, 2024.

Positive

• Two open-market purchases were executed under a documented Rule 10b5-1 plan (08/14/2025 and 08/15/2025).
• Reporting person is President, CEO, Director and 10% owner, holding 15,603,348 shares directly after these transactions.
• Indirect ownership of 831,600 shares is disclosed, including investment power as trustee over 500,000 shares and voting control by agreement.

Negative

• None.

Insights

Financial Analyst

TL;DR: CEO acquired 14,083 shares via a 10b5-1 plan, modest purchases relative to large existing stake but show continued insider participation.

These transactions are routine purchases under a pre-established Rule 10b5-1 plan dated August 22, 2024. The weighted average prices reported—$0.7875 and $0.7948—are explicit and immaterial to alter enterprise valuation alone. Mr. Shaw's direct beneficial ownership of over 15.6 million shares and indirect control of 831,600 shares indicates significant insider alignment with shareholders. From a capital markets perspective, such filings confirm insider activity but do not by themselves provide evidence of material corporate developments.

Corporate Governance Expert

TL;DR: Insider purchases were executed under a documented 10b5-1 plan and disclosure shows clear voting and investment arrangements.

The Form 4 discloses that Mr. Shaw acts as trustee for 500,000 shares (investment power) and holds voting control over additional indirectly held shares by agreement, which is appropriately disclosed. The form is signed by an attorney-in-fact and includes the plan adoption date, satisfying common disclosure expectations. There are no reported dispositions, options, or other derivative changes in this filing.

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)
08/14/2025

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	08/14/2025		P		3,103	A	$0.7875(1)	15,592,368	D
Common Stock	08/15/2025		P		10,980	A	$0.7948(2)	15,603,348	D
Common Stock								831,600	I	Voting or Investment Control(3)

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. Represents weighted average price.

3. 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	08/18/2025
	** 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.
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FAQ

What insider transactions did RVP CEO Thomas J. Shaw report on Form 4?

Mr. Shaw reported purchases of 3,103 shares on 08/14/2025 at $0.7875 and 10,980 shares on 08/15/2025 at $0.7948 under a 10b5-1 plan.

How many RVP shares does Thomas J. Shaw beneficially own after these transactions?

He beneficially owns 15,603,348 shares directly and has 831,600 shares indirectly (including trustee-held and voting-agreement shares).

Was the insider activity executed under a 10b5-1 trading plan?

Yes. The Form 4 indicates the transactions were made pursuant to a Rule 10b5-1 plan adopted August 22, 2024.

Does the filing report any derivative transactions or sales by Mr. Shaw?

No. Table II for derivative securities shows no reported transactions, and Table I lists only purchases (no dispositions).

Who signed the Form 4 filing for RVP?

The Form 4 was signed by D. Valerie Thomas, Attorney-in-Fact on behalf of the reporting person on 08/18/2025.