Sundip Singh Johl, EVP, Chief Financial Officer at RING ENERGY, INC. (REI), bought 231,000 shares at $1.21 ($279K) on 2026-06-15, disclosed to the SEC on 2026-06-16.
Ring Energy EVP Sundip Singh Johl purchased 231,000 shares for $278,840, marking the largest insider purchase in the company's history. This significant buy by a C-suite executive suggests the CFO has high conviction in the stock's value, especially given the recent 83% one-year run-up.
The stock has surged 83.31% over the past year but is currently trading 8.54% below its 52-week high of $1.64, offering a pullback entry point for the insider's purchase at $1.21.
Clearly above the average filing.