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Thomas J. Shaw, the President and CEO of Retractable Technologies Inc. (AMEX:RVP), recently acquired 18,227 shares of the company’s common stock, according to a recent SEC filing. The company, which InvestingPro data shows has a strong liquidity position with a current ratio of 8.57, has seen its stock trade between $0.56 and $1.34 over the past 52 weeks. The purchase, made on February 3, 2025, was executed at a weighted average price of $0.7726 per share, amounting to a total transaction value of $14,082.
Following this acquisition, Shaw holds a direct ownership of 15,037,535 shares. Additionally, he maintains indirect control over 831,600 shares, with 500,000 of these shares held in trust for a family member and the remainder under a voting agreement. The transaction was conducted under a pre-established Rule 10b5-1 trading plan, adopted on August 22, 2024.
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