[144] Riley Exploration Permian, Inc. SEC Filing
Rhea-AI Filing Summary
Riley Exploration Permian, Inc. insider Bobby Don Riley filed a Form 144 proposing the sale of 15,000 common shares through The Charles Schwab Corporation with an aggregate market value of $396,827.00 and an approximate sale date of 08/11/2025. The filing lists 22,042,244 shares outstanding for the issuer.
The shares were reported as acquired as compensation on 10/18/2021 (compensation acquisition window 10/18/2021–2/28/2022). The filing also discloses prior disposals by the same seller of 4,500 shares on 06/16/2025 for $126,207.00 and 5,500 shares on 06/17/2025 for $157,580.00. The form includes the seller's certification regarding the absence of undisclosed material adverse information.
Positive
- Filed Form 144 disclosing the proposed sale of 15,000 common shares with an aggregate market value of $396,827.00.
- Disclosed acquisition origin as compensation on 10/18/2021 (compensation window 10/18/2021–2/28/2022).
- Reported prior June 2025 sales of 4,500 and 5,500 shares with gross proceeds of $126,207.00 and $157,580.00 respectively, increasing transparency.
Negative
- Insider Bobby Don Riley has engaged in recent share dispositions (06/16/2025 and 06/17/2025), as disclosed in the form.
- Some filer/issuer identification fields in the provided content (e.g., Filer CIK, issuer address details) are not populated in the material submitted here.
Insights
TL;DR: Insider disclosed planned sale of 15,000 REPX shares worth ~$396,827; recent June sales totaled 10,000 shares.
The filing plainly documents a proposed sale of 15,000 common shares via The Charles Schwab Corporation with a reported aggregate market value of $396,827.00 and an approximate sale date of 08/11/2025. It also records prior sales by the same seller in June 2025 totaling 10,000 shares with gross proceeds disclosed. The shares were originally acquired as compensation on 10/18/2021. From a market-disclosure perspective, the filing provides the core details investors expect in a Form 144.
TL;DR: Form 144 is a required disclosure; the filer attests no undisclosed material adverse information and supply fields for plan dates are present but not populated.
The document includes the seller's representation about the absence of undisclosed material adverse information and the standard notice language regarding Rule 10b5-1 plan adoption. The filing lists the seller as Bobby Don Riley and supplies acquisition and prior sale details. Some identifying fields for the filer and issuer in the provided content appear blank, but the core transaction details and the certification statement are present.