Parr James J. 4
Research Summary
AI-generated summary
Ring Energy EVP James Parr Receives Restricted Stock Award
What Happened
- James J. Parr, EVP and Chief Exploration Officer of Ring Energy, Inc. (REI), was granted 317,460 restricted stock units (RSUs) on February 17, 2026. The award is reported as an acquisition (grant) at $0.00 per unit (no cash paid at grant).
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (accession 0002046193-26-000004).
- Grant: 317,460 RSUs; reported price: $0.00; reported transaction code: A (award/grant).
- Vesting: RSUs vest equally on an annual basis over three years, with first vesting on February 17, 2027 (each RSU = contingent right to one share).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No indication the filing was late.
Context
- This is a compensation award (restricted stock units), not an open-market purchase or sale. RSUs represent a contingent right to receive shares upon vesting and typically do not involve cash changing hands at grant. Such grants are common executive compensation and do not, by themselves, indicate insider buying or selling intent.