Thomas J. Shaw - Apr 25, 2024 Form 4 Insider Report for RETRACTABLE TECHNOLOGIES INC (RVP)

Role
PRESIDENT AND CEO, Director, More than 10% owner
Signature
Thomas J. Shaw
Stock symbol
RVP
Transactions as of
Apr 25, 2024
Transactions value $
$932
Form type
4
Date filed
4/29/2024, 03:16 PM
Previous filing
Apr 18, 2024
Next filing
May 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction RVP Common Stock +Buy $23 +22 +0% $1.05 14,352,853 Apr 25, 2024 Direct
transaction RVP Common Stock +Buy $908 +850 +0.01% $1.07 14,353,703 Apr 26, 2024 Direct F1
holding RVP Common Stock 931,600 Apr 25, 2024 Voting or Investment Control F2

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 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, 2023.