Young Shawn D. 4

What Happened

• Shawn D. Young, Senior Vice President, Operations of Ring Energy, received a grant of 222,222 restricted stock units (RSUs) on February 17, 2026. The award is reported as acquired at $0.00 per unit (no cash paid) and therefore the reported acquisition value is $0.

Key Details

• Transaction type: Award/Grant (Code A) of 222,222 RSUs on 2026-02-17.
• Price reported: $0.00 per unit; total reported acquisition value: $0.
• Vesting: RSUs vest in equal annual installments over three years; first vesting date is February 17, 2027 (see footnote).
• Each RSU represents the contingent right to receive one share of common stock upon vesting.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Filing: Form 4 filed on 2026-02-19 for the 2026-02-17 transaction (filed within the normal two-business-day window).

Context

• RSUs are compensation awards that convert into actual shares only when they vest and satisfy any settlement terms; they do not represent immediate transferable shares. This is a standard equity compensation grant and does not by itself indicate a purchase or sale of company stock.