---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-047199"
form_type: "8-K"
ticker: "RVP"
cik: "0000946563"
company_name: "RETRACTABLE TECHNOLOGIES INC"
filed_at: "2022-04-19T23:59:59+00:00"
generated_at: "2026-06-26T06:45:44.135332+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Retractable Technologies terminates $8.1M buyback plan; stock at discount to asset value

## Summary
- Effective April 14, 2022, terminated Rule 10b5-1 buyback plan dated June 4, 2021.
- Purchased 1,087,145 shares for ~$8.1M since plan inception in June 2021.
- Board cites stock price not correlated with economic performance despite trading below asset value.
- Market capitalization less than corporation's asset value, per company statement.

## SEC filing metadata
- accession: 0001104659-22-047199
- form_type: 8-K
- ticker: RVP
- cik: 0000946563
- company_name: RETRACTABLE TECHNOLOGIES INC
- filed_at: 2022-04-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/946563/000110465922047199/0001104659-22-047199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/946563/000110465922047199/tm2212980d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-047199
- JSON: https://secwatch.observer/filing/0001104659-22-047199.json
- Plain text: https://secwatch.observer/filing/0001104659-22-047199.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.