Johl Sundip Singh 4

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.