Thomas J. Shaw - Feb 18, 2025 Form 4 Insider Report for RETRACTABLE TECHNOLOGIES INC (RVP)

Signature
Thomas J. Shaw
Stock symbol
RVP
Transactions as of
Feb 18, 2025
Transactions value $
$42,659
Form type
4
Date filed
2/20/2025, 02:35 PM
Previous filing
Feb 18, 2025
Next filing
Mar 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVP Common Stock Purchase $23.5K +30K +0.2% $0.78 15.1M Feb 18, 2025 Direct F1
transaction RVP Common Stock Purchase $19.1K +23.8K +0.16% $0.80 15.1M Feb 19, 2025 Direct F2
holding RVP Common Stock 832K Feb 18, 2025 Voting or Investment Control F3
* 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 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.