Thomas J. Shaw - Feb 12, 2025 Form 4 Insider Report for RETRACTABLE TECHNOLOGIES INC (RVP)

Signature
Thomas J. Shaw
Stock symbol
RVP
Transactions as of
Feb 12, 2025
Transactions value $
$14,974
Form type
4
Date filed
2/18/2025, 10:56 AM
Previous filing
Feb 4, 2025
Next filing
Feb 20, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVP Common Stock Purchase $177 +227 +0% $0.78 15M Feb 12, 2025 Direct F1
transaction RVP Common Stock Purchase $8.83K +11.4K +0.08% $0.77 15.1M Feb 13, 2025 Direct F2
transaction RVP Common Stock Purchase $5.96K +7.6K +0.05% $0.78 15.1M Feb 14, 2025 Direct F3
holding RVP Common Stock 832K Feb 12, 2025 Voting or Investment Control F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents weighted average price.
F2 Represents weighted average price.
F3 Represents weighted average price.
F4 Mr. Shaw has investment power over 500,000 shares as Trustee for the benefit of a family member. Mr. Shaw has voting control over the remainder of the shares pursuant to a voting agreement.

Remarks:

The Rule 10b5-1 Plan's date of adoption was August 22, 2024.