Form 4: RING ENERGY Executive Sells Shares for Tax Obligations

RING ENERGY's EVP, Chief Exploration Officer, James J. Parr, disposed of 6,737 shares of common stock to cover tax withholding obligations related to a restricted stock unit award.

Summary

• James J. Parr, EVP, Chief Exploration Officer of RING ENERGY, INC. (REI), reported a transaction.
• On November 18, 2025, 6,737 shares of common stock were disposed of.
• The disposition was for tax withholding obligations arising from the settlement of a restricted stock unit award.
• The price per share for the disposition was $0.9548.
• Following this transaction, Mr. Parr beneficially owns 256,751 shares of common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a non-discretionary disposition of shares to cover tax withholding obligations related to a restricted stock unit award, which is a routine event and does not reflect a change in management's sentiment towards the company's prospects.

Positives

• The settlement of a restricted stock unit (RSU) award indicates the vesting of previously granted equity compensation to a key executive, reflecting a component of the company's long-term incentive plan.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, not directly indicative of broader industry trends or competitive positioning.

Comparison to Industry Standards

• The disposition of shares to cover tax withholding obligations upon the vesting of restricted stock units is a standard practice for executive compensation across various industries, aligning with typical equity compensation plan structures.

Related Party Transactions

• Disposition of 6,737 shares of common stock by James J. Parr, EVP, Chief Exploration Officer, to cover tax withholding obligations arising from the settlement of a restricted stock unit award.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to executive compensation, not indicative of a change in company fundamentals or executive sentiment.

Key Dates

Keywords

RING ENERGY, REI, Form 4, insider transaction, stock sale, executive compensation, restricted stock unit, tax withholding