Young Shawn D. 4

What Happened Shawn D. Young, Senior Vice President of Operations at Ring Energy, had a total of 40,421 shares of common stock withheld by the company to satisfy tax withholding obligations arising from the settlement of restricted stock units. The withholding occurred across three dates: 11,980 shares @ $1.21 on Feb 12, 2026 ($14,496); 14,361 shares @ $1.27 on Feb 13, 2026 ($18,238); and 14,080 shares @ $1.27 on Feb 16, 2026 ($17,882). The combined value of the withheld shares is approximately $50,616. This was a tax-withholding disposition (routine) rather than an open-market sale.

Key Details

• Transaction dates and prices:
  • 2026-02-12: 11,980 shares @ $1.21 = $14,496
  • 2026-02-13: 14,361 shares @ $1.27 = $18,238
  • 2026-02-16: 14,080 shares @ $1.27 = $17,882
• Total shares withheld: 40,421; total value: ~$50,616.
• Shares owned following the transactions: not disclosed in the filing.
• Footnote: F1 — shares were withheld by the registrant to cover tax withholding obligations from settled restricted stock unit awards under the company’s long-term incentive plan.
• Timeliness: The Form 4 was filed on 2026-02-19 while the reported transactions occurred 2026-02-12 through 2026-02-16; the filing appears to be late (Form 4s are generally due within two business days of the transaction).

Context

• This was a tax-withholding action related to RSU settlement (code F), effectively a disposition of shares to cover withholding — a common administrative step that does not necessarily reflect the insider’s view of the company.
• Not an open-market sale or a 10b5‑1 plan transaction; no purchase activity reported.