Dyes Alexander 4

What Happened

• Alexander Dyes, EVP & Chief Operations Officer of Ring Energy, received equity awards totaling 439,007 shares on Feb 17, 2026 (317,460 and 121,547 shares reported as awards at $0.00). As part of settlement/withholding, 47,829 shares were disposed (withheld) to cover tax obligations at $1.26 per share for proceeds of $60,265.
• The awards include restricted stock units (RSUs) that, per the filing, vest on an equal annual basis over three years (first vesting date Feb 17, 2027). The filing also notes shares issued from settlement of a performance unit award and shares withheld to satisfy tax withholding.

Key Details

• Transaction date: 2026-02-17; Filing date: 2026-02-20.
• Reported transactions:
  • Award: 317,460 shares @ $0.00 (acquired)
  • Award: 121,547 shares @ $0.00 (acquired)
  • Tax withholding/disposition: 47,829 shares @ $1.26 (disposed) = $60,265
• Vesting/tax footnotes: RSUs vest equally over 3 years starting 2/17/2027 (F1). Other notes indicate settlement of performance units (F2) and shares withheld for tax obligations (F3).
• Shares owned following the transactions were not specified in the provided filing excerpt.
• No explicit late-filing flag is shown in the provided details; the Form 4 was filed three days after the transaction date.

Context

• These entries are awards/settlements (code A) and a tax-withholding disposition (code F). Awards are not open-market purchases or sales by the insider — they reflect compensation and typically vest over time, so they are not an immediate endorsement to buy or sell stock.
• The withholding of 47,829 shares to cover taxes is a routine administrative step (often called share withholding or a cashless settlement) and reduced the net shares actually received by the reporting person.