Hulk Hogan, wrestling icon, dies at 71 in Florida home
Thomas J. Shaw, the President and CEO of Retractable Technologies Inc . (NYSE:RVP), recently acquired 33,524 shares of the company’s common stock. This purchase, made on April 11, 2025, was executed at an average price of $0.6904 per share, amounting to a total transaction value of approximately $23,144. The purchase comes as the stock trades near its 52-week low of $0.56, with shares down 37% over the past year according to InvestingPro data.
Following this acquisition, Shaw’s direct ownership of Retractable Technologies’ shares increased to 15,201,112 shares. Additionally, Shaw holds indirect ownership of 831,600 shares, with voting or investment control over these shares. This indirect ownership includes 500,000 shares held in trust for a family member, with the remaining shares subject to a voting agreement. InvestingPro analysis shows the company maintains strong liquidity with a current ratio of 8.34, though revenue declined 24% in the last twelve months.
The transaction was conducted under a Rule 10b5-1 trading plan, which was adopted on August 22, 2024. For more detailed insights and additional financial metrics, investors can access 6 key InvestingPro Tips on InvestingPro.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.