Kwon Rocky 4

What Happened Rocky Kwon, Interim Chief Financial Officer of Ring Energy, had a total of 24,159 shares of common stock disposed (withheld) to satisfy tax withholding obligations from the settlement of restricted stock units. The dispositions occurred across three dates: 10,689 shares at $1.21 on 2026-02-12 ($12,934), 7,285 shares at $1.27 on 2026-02-13 ($9,252), and 6,185 shares at $1.27 on 2026-02-16 ($7,855). These were not open-market sales for cash gain but company-withheld shares to cover taxes related to an RSU award.

Key Details

• Transaction type/code: F — shares withheld by the registrant to cover tax withholding on RSU settlement (see footnote F1).
• Dates and prices:
  • 2026-02-12: 10,689 shares @ $1.21 — $12,934
  • 2026-02-13: 7,285 shares @ $1.27 — $9,252
  • 2026-02-16: 6,185 shares @ $1.27 — $7,855
• Total shares withheld: 24,159; total value approximately $30,041.
• Shares owned after the transactions: Not specified in the provided filing.
• Filing: Form 4 filed 2026-02-19 reporting transactions from Feb 12–16; the provided record does not indicate a late-filing flag.

Context These dispositions reflect a routine, non-discretionary tax-withholding action following the settlement of restricted stock units (RSUs). Such withholding is common when equity awards vest and generally does not signal a change in the insider's view of the company. For retail investors, purchases are typically more informative; tax-withholding dispositions are administrative and should be interpreted accordingly.