Form 4: Retractable Technologies CEO Thomas J. Shaw Acquires Additional Shares
SEC Form 4 Filing
Thomas J. Shaw, CEO of Retractable Technologies Inc., reports the acquisition of 982 shares of common stock at a weighted average price of $0.7311 per share.
Summary
- On March 25, 2025, Thomas J. Shaw, the President and CEO of Retractable Technologies Inc., acquired 982 shares of common stock.
- The shares were purchased at a weighted average price of $0.7311 per share.
- Following the transaction, Mr. Shaw directly owns 15,119,982 shares of common stock.
- Mr. Shaw also indirectly owns 831,600 shares through voting or investment control.
- The purchase was made pursuant to a Rule 10b5-1 plan adopted on August 22, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. The CEO buying shares is generally a positive sign, but without more context, it's difficult to assess the overall impact.
Positives
- The CEO's purchase of shares could be interpreted as a sign of confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common among publicly traded companies. It provides transparency into the actions of company executives and their confidence in the company's performance.
Stakeholder Impact
- The CEO's purchase of shares may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 2024/08/22 | Date of adoption of the Rule 10b5-1 Plan |
| 2025/03/25 | Date of transaction: Purchase of common stock |
| 2025/03/26 | Date of signature on the Form 4 filing |
Keywords
Retractable Technologies Inc, Thomas J Shaw, RVP, Form 4, Beneficial Ownership, Insider Trading, Rule 10b5-1, Common Stock
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