Form 4: RVP CEO Thomas Shaw Buys 30,000 Shares

Retractable Technologies Inc. CEO Thomas J. Shaw purchased 30,000 shares of common stock at $0.9233 per share, increasing his direct beneficial ownership.

Summary

• Thomas J. Shaw, President and CEO, Director, and 10% Owner of Retractable Technologies Inc. (RVP), acquired 30,000 shares of common stock.
• The transaction occurred on October 8, 2025, at a weighted average price of $0.9233 per share.
• This purchase was executed under a Rule 10b5-1 pre-arranged trading plan, which was adopted on August 22, 2024.
• Following this transaction, Mr. Shaw directly beneficially owns 15,708,825 shares of common stock.
• Additionally, Mr. Shaw indirectly beneficially owns 831,600 shares, including 500,000 shares as Trustee for the benefit of a family member and the remainder through a voting agreement.
• His total beneficial ownership (direct and indirect) is 16,540,425 shares.

Sentiment

Score: 8

Explanation: The President and CEO, who is also a significant shareholder, purchasing additional shares of the company's common stock indicates strong confidence in the company's current valuation and future prospects. This is generally viewed very positively by the market.

Positives

• Insider buying by the President and CEO, who is also a Director and 10% Owner, signals strong confidence in the company's future prospects.
• The purchase was made at a price of $0.9233 per share, indicating management's belief in the stock's value at this level.
• The transaction was executed under a Rule 10b5-1 plan, demonstrating a pre-planned investment strategy rather than a reaction to immediate market events.

Negatives

• No negative information is typically disclosed in a Form 4 filing, which solely reports changes in beneficial ownership.

Future Outlook

NA

Management Comments

• The 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).

Industry Context

NA

Corporate Governance

Related Party Transactions

• Mr. Shaw indirectly controls 500,000 shares as Trustee for the benefit of a family member, which is a related party arrangement.

Stakeholder Impact

• Shareholders: May view the CEO's purchase as a positive signal, potentially increasing investor confidence and demand for the stock.
• Employees: Could interpret the CEO's investment as a sign of stability and belief in the company's long-term success.

Key Dates

Recommendation

The purchase of 30,000 shares by the President and CEO, Thomas J. Shaw, at $0.9233 per share, especially given his existing significant ownership and roles as Director and 10% Owner, is a strong signal of confidence in Retractable Technologies Inc. This insider buying, executed under a 10b5-1 plan, suggests a deliberate and pre-planned investment decision, reinforcing management's belief in the company's intrinsic value and future prospects. Such actions by key insiders often precede positive developments or reflect a belief that the stock is undervalued, making it a compelling 'buy' signal for investors.

Keywords

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