RING ENERGY, INC.|4Feb 20, 5:06 PM ET

McKinney Paul D. 4

4 · RING ENERGY, INC. · Filed Feb 20, 2026

AI-generated summary of this filing

Updated Feb 20, 2026

Ring Energy (REI) CEO Paul McKinney Receives Stock Awards

What Happened

Paul D. McKinney, CEO and Chairman of Ring Energy (REI), received two equity awards on Feb 17, 2026: 952,381 restricted stock units (RSUs) and 559,118 shares issued upon vesting of a performance unit award. Both awards are reported as acquisitions at $0.00 per share (i.e., awards/grants, not open-market purchases).
Concurrently, 220,014 shares were disposed of (withheld) to cover tax withholding obligations at $1.26 per share, yielding proceeds/withholding value of $277,218 (transaction code F).

Key Details

Transaction date: 2026-02-17; Form 4 filed 2026-02-20 (filed three days after the transaction — Form 4s are normally due within two business days; review filing for timeliness).
Awards: 952,381 RSUs (restricted stock units) and 559,118 shares from a performance unit award (total awarded = 1,511,499 shares).
Tax withholding: 220,014 shares withheld at $1.26/share for $277,218 (code F — shares withheld to satisfy tax obligations).
Shares owned after transaction: Not specified in the provided excerpt of the filing.
Footnotes: F1 — the RSU award vests equally over three years, first vesting on Feb 17, 2027; F2 — the 559,118 shares arose from settlement of a performance unit award; F3 — shares were withheld to cover withholding taxes.

Context

These transactions are award/vesting-related, not open-market buys or discretionary sales. The RSUs represent contingent rights to receive one share per unit and will convert to shares per the vesting schedule (so this is a future acquisition subject to vesting).
The withheld shares (code F) are a standard tax-withholding mechanics at settlement and do not necessarily indicate a voluntary sale by the insider.

Form 4

Period: 2026-02-17

DirectorCEO and Chairman of the Board

Transactions

Award
Common Stock
[F1]
2026-02-17+952,381→ 3,769,359 total
Award
Common Stock
[F2]
2026-02-17+559,118→ 4,328,477 total
Tax Payment
Common Stock
[F3]
2026-02-17$1.26/sh−220,014$277,218→ 4,108,463 total

Footnotes (3)

[F1]This restricted stock unit award vests on an equal annual basis over a three-year period with the first vesting date on February 17, 2027, subject to the terms of the restricted stock unit agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Registrant.
[F2]Shares of Common Stock issued by the Registrant to the reporting person arising from the vesting and settlement of a performance unit award granted under the Registrant's long-term incentive plan.
[F3]Shares of Common Stock withheld by the Registrant to cover tax withholding obligations of the reporting person arising from the settlement of a performance unit award granted under the Registrant's long-term incentive plan.

Signature

/s/ Paul D. McKinney|2026-02-20

1 file