AG˹ٷ

STOCK TITAN

[Form 4] Retractable Technologies, Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Thomas J. Shaw, identified as President & CEO, Director and a 10% owner of Retractable Technologies, Inc. (RVP), reported a transaction executed under a Rule 10b5-1 plan. On 08/12/2025 he acquired 8,411 shares of common stock at a weighted-average price of $0.823. Following the reported transaction, he is shown as directly beneficially owning 15,589,265 shares.

In addition to direct holdings, the filing discloses 831,600 shares of indirect beneficial ownership described as voting or investment control; the filing notes Mr. Shaw has investment power over 500,000 shares as trustee for a family member and voting control over the remainder pursuant to a voting agreement. The 10b5-1 plan was adopted on 08/22/2024, indicating the trade was part of a pre-arranged program rather than an ad hoc transaction.

Thomas J. Shaw, identificato come Presidente e Amministratore Delegato, Amministratore e proprietario del 10% di Retractable Technologies, Inc. (RVP), ha dichiarato una transazione eseguita ai sensi di un piano Rule 10b5-1. In data 08/12/2025 ha acquisito 8,411 azioni ordinarie a un prezzo medio ponderato di $0.823. A seguito dell'operazione, risulta titolare diretto di 15,589,265 azioni.

Oltre alle partecipazioni dirette, la comunicazione indica 831,600 azioni di proprietà indiretta descritte come controllo di voto o di investimento; il documento precisa che il sig. Shaw detiene il potere d'investimento su 500,000 azioni in qualità di trustee per un familiare e il controllo di voto sulle restanti in base a un accordo di voto. Il piano 10b5-1 è stato adottato il 08/22/2024, segnalando che la negoziazione faceva parte di un programma predefinito e non di una transazione estemporanea.

Thomas J. Shaw, identificado como Presidente y CEO, Director y propietario del 10% de Retractable Technologies, Inc. (RVP), informó una operación realizada bajo un plan Rule 10b5-1. El 08/12/2025 adquirió 8,411 acciones ordinarias a un precio medio ponderado de $0.823. Tras la operación declarada, figura como titular beneficiario directo de 15,589,265 acciones.

Además de las participaciones directas, la presentación revela 831,600 acciones de propiedad beneficiaria indirecta descritas como control de voto o de inversión; el documento indica que el Sr. Shaw tiene poder de inversión sobre 500,000 acciones como fiduciario de un familiar y control de voto sobre el resto en virtud de un acuerdo de voto. El plan 10b5-1 fue adoptado el 08/22/2024, lo que indica que la operación formó parte de un programa preestablecido y no de una transacción puntual.

토마� J. �(Thomas J. Shaw)� Retractable Technologies, Inc. (RVP)� 회장 � 최고경영�, 이사10% 소유�� 확인되며, Rule 10b5-1 계획� 따라 실행� 거래� 신고했습니다. 08/12/2025� 그는 가중평� 가� $0.823� 보통� 8,411주를 취득했습니다. 신고� 거래 이후 그는 직접적으� 15,589,265�� 보유� 것으� 나타납니�.

직접 보유 외에� 제출서류에는 의결� 또는 투자 통제� 설명� 831,600�� 간접� 유익소유가 공개되어 있습니다; 서류� 따르� � 씨는 가족을 위한 수탁자로� 500,000�� 대� 투자 권한� 보유하고, 나머지� 대해서� 의결� 합의� 따라 의결권을 보유하고 있다� 기재되어 있습니다. 10b5-1 계획은 08/22/2024� 채택되어 이번 거래가 임의� 개별 거래가 아니� 사전� 정해� 프로그램� 일부였음을 나타냅니�.

Thomas J. Shaw, désigné comme Président et PDG, Administrateur et propriétaire de 10% de Retractable Technologies, Inc. (RVP), a déclaré une transaction exécutée dans le cadre d’un plan Rule 10b5-1. Le 08/12/2025 il a acquis 8,411 actions ordinaires à un prix moyen pondéré de $0.823. À la suite de la transaction déclarée, il est indiqué comme détenant directement 15,589,265 actions.

En plus des participations directes, le dépôt fait état de 831,600 actions de propriété indirecte décrites comme contrôle du vote ou des investissements ; le dépôt précise que M. Shaw a le pouvoir d’investissement sur 500,000 actions en tant que fiduciaire pour un membre de la famille et le contrôle de vote sur le reste en vertu d’un accord de vote. Le plan 10b5-1 a été adopté le 08/22/2024, ce qui indique que l’opération faisait partie d’un programme préétabli et non d’une transaction ponctuelle.

Thomas J. Shaw, angegeben als Präsident und CEO, Direktor und 10%-Գü von Retractable Technologies, Inc. (RVP), meldete eine Transaktion, die im Rahmen eines Rule 10b5-1-Plans durchgeführt wurde. Am 08/12/2025 erwarb er 8,411 Aktien des Stammkapitals zu einem gewichteten Durchschnittspreis von $0.823. Nach der gemeldeten Transaktion führt er einen direkten wirtschaftlichen Besitz von 15,589,265 Aktien.

Neben den direkten Beständen gibt die Meldung 831,600 Aktien als indirekten wirtschaftlichen Besitz an, beschrieben als Stimm- oder Investitionskontrolle; die Einreichung weist darauf hin, dass Herr Shaw als Treuhänder über 500,000 Aktien die Anlageentscheidung für ein Familienmitglied ausübt und über die verbleibenden Aktien gemäß einer Stimmrechtsvereinbarung die Stimmkontrolle besitzt. Der 10b5-1-Plan wurde am 08/22/2024 angenommen, was darauf hinweist, dass der Handel Teil eines vorab festgelegten Programms war und keine einmalige Transaktion.

Positive
  • Transaction executed under a Rule 10b5-1 plan (adopted 08/22/2024), which clarifies pre-arranged trading intent
  • Reporting person is a major insider and executive: direct beneficial ownership of 15,589,265 shares
  • Filed acquisition of 8,411 shares at a weighted-average price of $0.823, providing a precise price disclosure
  • Indirect holdings and control arrangements disclosed: 831,600 indirect shares with voting/investment control and trustee investment power over 500,000 shares
Negative
  • None.

Insights

TL;DR: Routine trade under a 10b5-1 plan; small acquisition relative to very large insider stake, neutral near-term market impact.

The Form 4 shows a 10b5-1 plan execution acquiring 8,411 shares at a weighted-average price of $0.823 on 08/12/2025. That purchase is immaterial in size versus the reporting person’s direct stake of 15,589,265 shares, so it is unlikely to change market perceptions of control or ownership. The filing also discloses 831,600 indirectly held shares with specified voting/investment control and notes 500,000 shares held with investment power as trustee. From a securities perspective, the 10b5-1 confirmation increases transparency around timing and intent of the trade.

TL;DR: High insider ownership retained; transaction executed under pre-established plan, supporting governance transparency.

The report confirms that the company’s chief executive is also a major shareholder and director, retaining a direct beneficial position of 15,589,265 shares plus 831,600 indirect. The disclosure that a portion of shares is subject to trustee investment power and a voting agreement clarifies control arrangements. The use of a Rule 10b5-1 plan (adopted 08/22/2024) for the reported trade aligns with best practices for avoiding opportunistic insider trading and enhances governance transparency. No indications of abrupt leadership or control changes are present in the filing.

Thomas J. Shaw, identificato come Presidente e Amministratore Delegato, Amministratore e proprietario del 10% di Retractable Technologies, Inc. (RVP), ha dichiarato una transazione eseguita ai sensi di un piano Rule 10b5-1. In data 08/12/2025 ha acquisito 8,411 azioni ordinarie a un prezzo medio ponderato di $0.823. A seguito dell'operazione, risulta titolare diretto di 15,589,265 azioni.

Oltre alle partecipazioni dirette, la comunicazione indica 831,600 azioni di proprietà indiretta descritte come controllo di voto o di investimento; il documento precisa che il sig. Shaw detiene il potere d'investimento su 500,000 azioni in qualità di trustee per un familiare e il controllo di voto sulle restanti in base a un accordo di voto. Il piano 10b5-1 è stato adottato il 08/22/2024, segnalando che la negoziazione faceva parte di un programma predefinito e non di una transazione estemporanea.

Thomas J. Shaw, identificado como Presidente y CEO, Director y propietario del 10% de Retractable Technologies, Inc. (RVP), informó una operación realizada bajo un plan Rule 10b5-1. El 08/12/2025 adquirió 8,411 acciones ordinarias a un precio medio ponderado de $0.823. Tras la operación declarada, figura como titular beneficiario directo de 15,589,265 acciones.

Además de las participaciones directas, la presentación revela 831,600 acciones de propiedad beneficiaria indirecta descritas como control de voto o de inversión; el documento indica que el Sr. Shaw tiene poder de inversión sobre 500,000 acciones como fiduciario de un familiar y control de voto sobre el resto en virtud de un acuerdo de voto. El plan 10b5-1 fue adoptado el 08/22/2024, lo que indica que la operación formó parte de un programa preestablecido y no de una transacción puntual.

토마� J. �(Thomas J. Shaw)� Retractable Technologies, Inc. (RVP)� 회장 � 최고경영�, 이사10% 소유�� 확인되며, Rule 10b5-1 계획� 따라 실행� 거래� 신고했습니다. 08/12/2025� 그는 가중평� 가� $0.823� 보통� 8,411주를 취득했습니다. 신고� 거래 이후 그는 직접적으� 15,589,265�� 보유� 것으� 나타납니�.

직접 보유 외에� 제출서류에는 의결� 또는 투자 통제� 설명� 831,600�� 간접� 유익소유가 공개되어 있습니다; 서류� 따르� � 씨는 가족을 위한 수탁자로� 500,000�� 대� 투자 권한� 보유하고, 나머지� 대해서� 의결� 합의� 따라 의결권을 보유하고 있다� 기재되어 있습니다. 10b5-1 계획은 08/22/2024� 채택되어 이번 거래가 임의� 개별 거래가 아니� 사전� 정해� 프로그램� 일부였음을 나타냅니�.

Thomas J. Shaw, désigné comme Président et PDG, Administrateur et propriétaire de 10% de Retractable Technologies, Inc. (RVP), a déclaré une transaction exécutée dans le cadre d’un plan Rule 10b5-1. Le 08/12/2025 il a acquis 8,411 actions ordinaires à un prix moyen pondéré de $0.823. À la suite de la transaction déclarée, il est indiqué comme détenant directement 15,589,265 actions.

En plus des participations directes, le dépôt fait état de 831,600 actions de propriété indirecte décrites comme contrôle du vote ou des investissements ; le dépôt précise que M. Shaw a le pouvoir d’investissement sur 500,000 actions en tant que fiduciaire pour un membre de la famille et le contrôle de vote sur le reste en vertu d’un accord de vote. Le plan 10b5-1 a été adopté le 08/22/2024, ce qui indique que l’opération faisait partie d’un programme préétabli et non d’une transaction ponctuelle.

Thomas J. Shaw, angegeben als Präsident und CEO, Direktor und 10%-Գü von Retractable Technologies, Inc. (RVP), meldete eine Transaktion, die im Rahmen eines Rule 10b5-1-Plans durchgeführt wurde. Am 08/12/2025 erwarb er 8,411 Aktien des Stammkapitals zu einem gewichteten Durchschnittspreis von $0.823. Nach der gemeldeten Transaktion führt er einen direkten wirtschaftlichen Besitz von 15,589,265 Aktien.

Neben den direkten Beständen gibt die Meldung 831,600 Aktien als indirekten wirtschaftlichen Besitz an, beschrieben als Stimm- oder Investitionskontrolle; die Einreichung weist darauf hin, dass Herr Shaw als Treuhänder über 500,000 Aktien die Anlageentscheidung für ein Familienmitglied ausübt und über die verbleibenden Aktien gemäß einer Stimmrechtsvereinbarung die Stimmkontrolle besitzt. Der 10b5-1-Plan wurde am 08/22/2024 angenommen, was darauf hinweist, dass der Handel Teil eines vorab festgelegten Programms war und keine einmalige Transaktion.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
SHAW THOMAS J

(Last) (First) (Middle)
511 LOBO LANE

(Street)
LITTLE ELM TX 75068

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RETRACTABLE TECHNOLOGIES INC [ RVP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
PRESIDENT AND CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/12/2025 P 8,411 A $0.823(1) 15,589,265 D
Common Stock 831,600 I Voting or Investment Control(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents weighted average price.
2. 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.
/s/ D. Valerie Thomas, Attorney-in-Fact 08/13/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Thomas J. Shaw report on the RVP Form 4?

He reported acquiring 8,411 shares of Retractable Technologies common stock on 08/12/2025 at a weighted-average price of $0.823 under a Rule 10b5-1 plan.

How many shares does Thomas J. Shaw beneficially own after the reported transaction (RVP)?

The filing shows 15,589,265 shares held directly following the reported transaction, plus 831,600 shares of indirect beneficial ownership.

Was the trade executed under a 10b5-1 plan for RVP insider Thomas Shaw?

Yes. The Form 4 indicates the transaction was made pursuant to a Rule 10b5-1 plan, which was adopted on 08/22/2024.

What is the nature of the indirect beneficial ownership disclosed by Thomas J. Shaw?

The filing states 831,600 indirect shares with the nature described as voting or investment control, and that he has investment power over 500,000 shares as trustee for a family member.

What roles does Thomas J. Shaw hold at Retractable Technologies (RVP)?

He is listed as President & CEO, a Director, and a 10% owner of the company.
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