Johl Sundip Singh 4
4 · RING ENERGY, INC. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Ring Energy (REI) CFO Sundip Singh Receives 317,460 RSU Award
What Happened Johl Sundip Singh, Chief Financial Officer of Ring Energy, Inc. (REI), received a grant of 317,460 restricted stock units (RSUs) on March 5, 2026. The reported acquisition price is $0.00 (no cash paid). Each RSU represents a contingent right to receive one share of common stock if and when vested.
Key Details
- Transaction date and type: 2026-03-05 — Award/Grant (Transaction code A) of 317,460 RSUs at $0.00.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The RSU inducement award vests equally over three years, with the first vesting date on March 5, 2027; each RSU converts to one share upon vesting.
- Filing timeliness: Report filed on 2026-03-06 for a 2026-03-05 grant — appears to be filed timely under Form 4 reporting rules.
Context This was a compensation/inducement equity award (not a market purchase or sale). RSU grants are commonly used for retention and incentive purposes and do not represent an immediate purchase or liquidation of shares. The economic interest materializes only as RSUs vest and convert into shares according to the award terms.
Insider Transaction Report
Form 4
Johl Sundip Singh
EVP, Chief Financial Officer
Transactions
- Award
Common Stock
[F1]2026-03-05+317,460→ 317,460 total
Footnotes (1)
- [F1]This restricted stock unit inducement award vests on an equal annual basis over a three-year period with the first vesting date on March 5, 2027, subject to the terms of the restricted stock unit inducement award agreement. Each restricted stock unit represents the contingent right to receive one share of common stock of the Issuer.
Signature
/s/ Sundip S. Johl|2026-03-06