secwatch.observer — SEC 8-K summary
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Issuer:     RING ENERGY, INC. (REI)
CIK:        0001384195
Form:       8-K
Filed at:   2024-07-03T23:59:59+00:00
Accession:  0001628280-24-031110
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ring Energy EVP Stephen Brooks retires, signs consulting deal through March 2025
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- Stephen D. Brooks retired as EVP of Land, Legal, HR and Marketing effective July 1, 2024.
- Consulting agreement pays $200/hour from July 2, 2024 to March 31, 2025, then month-to-month.
- Unvested RSU awards scheduled to vest before March 31, 2025 will continue vesting during consulting term.
- Agreement includes non-solicitation and non-interference covenants for one year after termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1384195/000162828024031110/0001628280-24-031110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1384195/000162828024031110/rei-20240701.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-031110

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer