Kwon Rocky 4

What Happened

• Rocky Kwon, Interim Chief Financial Officer of Ring Energy, Inc. (REI), received a grant of 132,063 restricted stock units (RSUs) on February 17, 2026. The award was reported at a $0.00 price (i.e., an equity award rather than a cash purchase); no immediate cash value was stated in the filing.
• This is a compensation award (not a market purchase or sale) and does not represent an immediate issuance of shares until RSUs vest and are settled.

Key Details

• Transaction date: 2026-02-17; transaction type: Award/Grant (RSUs); reported price: $0.00.
• Number of RSUs granted: 132,063 (each RSU equals the contingent right to one share of common stock).
• Vesting: vests in equal annual installments over three years, with the first vesting date on February 17, 2027 (per filing footnote).
• Shares owned after transaction: not specified in the Form 4 provided.
• Filing: Form 4 filed 2026-02-19 — within the standard two-business-day window for insiders (timely).

Context

• Restricted stock units convert to actual shares only upon vesting and settlement, so this award does not immediately change outstanding share count.
• Equity awards are common as part of executive compensation; they disclose potential future dilution and aligned incentives but do not by themselves indicate a buy/sell signal.