RING ENERGY, INC.·4

Jun 16, 4:46 PM ET

McKinney Paul D. 4

Research Summary

AI-generated summary

Updated

Ring Energy (REI) CEO Paul McKinney Buys 50,000 Shares

What Happened

  • Paul D. McKinney, CEO and Chairman of Ring Energy, acquired 50,000 shares on June 15, 2026. The reported purchase price was $1.19 per share, for a total reported value of $59,500. This transaction is a purchase (transaction code P), which is generally viewed as a more informative signal than routine sales, though it does not prove future company performance.

Key Details

  • Transaction date and price: 2026-06-15 — 50,000 shares at $1.19 each.
  • Total value: $59,500.
  • Transaction type: P = open market or private purchase (filing does not specify which).
  • Shares owned after the transaction: not specified in the provided filing.
  • Filing date / timeliness: Form 4 filed 2026-06-16 for a 2026-06-15 transaction (appears timely, no late filing flag).
  • No footnotes or 10b5-1 plan, tax withholding, or gift indicators noted in the provided data.

Context

  • Insider purchases can attract attention because they may signal confidence by executives, but they can also reflect routine personal investing. This is a relatively small-dollar purchase ($59.5k) by an executive; interpret accordingly and consider other filings and company fundamentals before drawing conclusions.