Thomas J. Shaw - 17 Dec 2024 Form 4 Insider Report for RETRACTABLE TECHNOLOGIES INC (RVP)

Signature
Thomas J. Shaw
Issuer symbol
RVP
Transactions as of
17 Dec 2024
Net transactions value
+$17,928
Form type
4
Filing time
19 Dec 2024, 09:30:35 UTC
Previous filing
11 Dec 2024
Next filing
23 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RVP Common Stock Purchase $704 +1,112 +0.01% $0.6334 14,892,166 17 Dec 2024 Direct F1
transaction RVP Common Stock Purchase $17,223 +28,596 +0.19% $0.6023 14,920,762 18 Dec 2024 Direct F2
holding RVP Common Stock 831,600 17 Dec 2024 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.