Petrelli Anthony Benedict 4
Research Summary
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Ring Energy (REI) Director Petrelli Receives 119,048-Share Award
What Happened Anthony Benedict Petrelli, a director of Ring Energy, Inc. (REI), was granted 119,048 restricted stock units (RSUs) on February 17, 2026. The RSUs were recorded at an acquisition price of $0.00 (i.e., awarded as compensation). Each RSU represents the contingent right to one share of REI common stock and the award vests on February 17, 2027 per the RSU agreement.
Key Details
- Transaction date: 2026-02-17; transaction type: Award/Grant (code A); price: $0.00; shares: 119,048 RSUs.
- Vesting: Award vests on 2027-02-17 (see footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing: Form 4 filed with accession 0001384195-26-000020 on 2026-02-19 (appears timely; Form 4s are generally due within two business days).
- Footnote: Each restricted stock unit represents the contingent right to one share of common stock and is subject to the RSU agreement terms.
Context This was a compensation award (RSUs), not an open-market purchase or a sale. RSU grants compensate service or performance and do not immediately transfer shares until vesting conditions are met; they do not by themselves indicate an immediate buy or sell decision by the insider.