Form 4: Ring Energy Director Clayton Eugene Woodrum Reports Disposition of Shares
SEC Form 4 Filing
Clayton Eugene Woodrum, a director at Ring Energy, Inc., reported the disposition of 7,500 shares of common stock on May 17, 2024.
Summary
- On May 17, 2024, Clayton Eugene Woodrum, a director of Ring Energy, Inc., disposed of 7,500 shares of common stock.
- The transaction was a disposition, indicated by code 'G', and the price was $0.
- Following the transaction, Woodrum directly owns 317,162 shares of Ring Energy common stock.
- Woodrum also indirectly owns 3,648 shares through a trust for his spouse and 145,400 shares through another trust.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company insider. The sentiment is neutral as it simply reports a transaction without indicating any specific positive or negative implications.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and principal stockholders) of publicly traded companies, providing transparency into their transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of the stock disposition transaction |
| 05/21/2024 | Date of signature on the Form 4 filing |
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