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Thomas J. Shaw, President and CEO of Retractable Technologies Inc . (NYSE:RVP), recently acquired 751 shares of common stock in a transaction dated March 24, 2025. The shares were purchased at a weighted average price of $0.7218, totaling approximately $542. The purchase comes as RVP trades near $0.75, within its 52-week range of $0.56 to $1.22, having declined nearly 38% over the past year despite a 9.6% gain year-to-date. InvestingPro analysis reveals the stock’s price movements are notably volatile. Following this transaction, Shaw directly owns 15,119,000 shares of the company.
In addition to his direct holdings, Shaw indirectly owns 831,600 shares, which includes investment power over 500,000 shares as a trustee for a family member and voting control over the remainder through a voting agreement. This transaction was executed under a pre-established Rule 10b5-1 trading plan, which was adopted on August 22, 2024.
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