Form 4: CEO Thomas Shaw Buys RVP Stock

Retractable Technologies CEO Thomas Shaw purchased 3,000 shares of common stock at $0.782 per share through a pre-arranged 10b5-1 plan.

Summary

• Thomas J. Shaw, who serves as President and CEO, Director, and a 10% Owner of Retractable Technologies Inc. (RVP), acquired 3,000 shares of the company's common stock.
• The transaction took place on September 3, 2025, at a weighted average price of $0.782 per share.
• This purchase was conducted under a Rule 10b5-1 plan, which was initially adopted on August 22, 2024.
• Following this transaction, Mr. Shaw directly beneficially owns 15,653,825 shares of common stock and indirectly owns an additional 831,600 shares.
• Indirect ownership includes investment power over 500,000 shares as a Trustee for the benefit of a family member, with voting control over the remaining indirect shares pursuant to a voting agreement.

Sentiment

Score: 7

Explanation: The purchase of company stock by the CEO, Director, and 10% owner is a positive signal, indicating confidence in the company's valuation and future prospects. While the transaction size is modest, it reflects a deliberate investment decision.

Positives

• The President and CEO, who is also a Director and 10% owner, purchased company stock, signaling confidence in the company's future prospects and current valuation.
• The transaction was executed under a Rule 10b5-1 plan, indicating a pre-planned and deliberate investment decision by the insider.

Future Outlook

No forward-looking statements or guidance regarding the company's future performance or strategic direction are provided in this Form 4 filing.

Industry Context

This Form 4 filing reports a routine insider stock purchase and does not contain information that allows for an analysis of broader industry trends or competitive landscape.

Related Party Transactions

• The filing discloses Mr. Shaw's indirect beneficial ownership of 831,600 shares, which includes 500,000 shares where he has investment power as Trustee for the benefit of a family member. This represents an existing related party arrangement for beneficial ownership.

Stakeholder Impact

• Shareholders may interpret the insider purchase as a positive indicator of management's confidence in the company's value, potentially influencing investor sentiment.

Key Dates

Recommendation

The purchase of company stock by the President and CEO, who is also a Director and 10% owner, signals strong confidence in the company's current valuation and future outlook. While the transaction size is modest, insider buying is generally a bullish indicator for seasoned investors, suggesting that management believes the stock is undervalued or poised for growth. This action, especially under a pre-arranged 10b5-1 plan, reflects a deliberate investment decision.

Keywords

Retractable Technologies Inc., RVP, Thomas J. Shaw, Insider Trading, Stock Purchase, Form 4, SEC Filing, CEO Stock Purchase, 10b5-1 Plan, Beneficial Ownership