Form 4: Warburg Pincus Sells 95,782 Shares of Ring Energy at $0.80-$0.81

Warburg Pincus (E&P) XII LLC reports the sale of 95,782 shares of Ring Energy, Inc. common stock at a weighted average price of $0.80, reducing their direct holdings to 26,305,275 shares.

Summary

• Warburg Pincus (E&P) XII LLC filed a Form 4 detailing changes in beneficial ownership of Ring Energy, Inc. (REI) common stock.
• On May 20, 2025, Warburg Pincus sold 95,782 shares of REI at a weighted average price of $0.80 per share.
• The sales occurred in multiple transactions with prices ranging from $0.80 to $0.81.
• Following the transaction, Warburg Pincus directly holds 26,305,275 shares of Ring Energy common stock through various entities.
• Warburg Pincus disclaims beneficial ownership of the securities except to the extent of its pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reports a standard transaction. The sale itself doesn't indicate a positive or negative outlook, but rather a change in holdings.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by significant shareholders, providing transparency to the market regarding insider transactions.

Stakeholder Impact

• The sale of shares by a major shareholder like Warburg Pincus could potentially influence investor sentiment and the stock price of Ring Energy.

Key Dates

Keywords

Warburg Pincus, Ring Energy, REI, Form 4, Beneficial Ownership, Stock Sale, Securities, Transaction