Form 4: Retractable Technologies CEO Thomas Shaw Boosts Stake Through Scheduled Stock Purchase

Retractable Technologies Inc. President and CEO Thomas J. Shaw acquired 8,536 shares of common stock at $0.653 per share, increasing his direct beneficial ownership to over 15.4 million shares.

Summary

• Thomas J. Shaw, President and CEO, Director, and 10% Owner of Retractable Technologies Inc. (RVP), purchased 8,536 shares of common stock.
• The transaction occurred on July 11, 2025, at a weighted average price of $0.653 per share.
• This purchase was executed pursuant to a Rule 10b5-1 plan, which was adopted on August 22, 2024.
• Following this transaction, Mr. Shaw directly beneficially owns 15,459,130 shares of common stock.
• Additionally, Mr. Shaw indirectly beneficially owns 831,600 shares, comprising 500,000 shares as Trustee for a family member and the remainder through voting control via a voting agreement.

Sentiment

Score: 7

Explanation: The insider purchase by the CEO and 10% owner, even if pre-planned, generally conveys a positive sentiment regarding the company's prospects and management's confidence.

Positives

• The purchase by President and CEO Thomas J. Shaw signals management's confidence in the company's future prospects.
• The transaction was conducted under a Rule 10b5-1 plan, indicating a pre-planned and systematic approach to insider buying.

Future Outlook

NA

Industry Context

Insider purchases, especially by a CEO and significant owner, are generally viewed as a positive signal of management's belief in the company's valuation and future performance. While the number of shares purchased is relatively small compared to Mr. Shaw's total holdings, it reinforces a positive sentiment.

Related Party Transactions

• Thomas J. Shaw, as President and CEO, Director, and 10% owner, purchased shares of Retractable Technologies Inc., which constitutes a related party transaction.

Stakeholder Impact

• Shareholders may interpret the CEO's purchase as a positive indicator of future stock performance and management alignment with shareholder interests.

Key Dates

Recommendation

Keywords

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