Parr James J. 4

What Happened

• James J. Parr, EVP and Chief Exploration Officer of Ring Energy (REI), had 26,863 shares withheld by the company on Feb 12, 2026 to cover tax withholding obligations arising from the settlement of a restricted stock unit (RSU) award. The withholding was reported at $1.21 per share, totaling approximately $32,504.
• This was a tax-withholding transfer (transaction code F), not an open-market sale or purchase — a routine compensation-related action rather than a directional trade.

Key Details

• Transaction date: 2026-02-12; Filing date (Form 4): 2026-02-19.
• Price reported: $1.21 per share; Shares affected: 26,863; Reported value: $32,504 (rounded).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: F1 — Shares were withheld by the registrant to cover tax withholding obligations from the settlement of an RSU award under the company’s long-term incentive plan.
• Filing timing: The Form 4 was filed seven days after the transaction date; this appears to be outside the standard 2-business-day Form 4 reporting window.

Context

• Withholding shares to cover taxes on vested RSUs is common and generally considered routine compensation administration, not an indication that the insider actively sold shares on the market.
• Transaction code F denotes payment of tax liability (or exercise price) via share withholding; it does not reflect a market disposition by the insider to a third party.