Riley Exploration Permian (REPX) officer plans $149K stock sale
Rhea-AI Filing Summary
Riley Exploration Permian, Inc. (REPX) received a notice under Rule 144 that Philip A. Riley intends to sell 4,000 shares of the company’s common stock. The shares were acquired on 10/01/2023 through stock grants as equity compensation, with a reported aggregate market value of $149,480.00, and are planned for sale through Charles Schwab Corp. on the NYSE/AMEX.
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Key Figures
Shares proposed for sale: 4,000 shares
Aggregate market value: $149,480.00
Reference price per share: $37.37
+3 more
6 metrics
Shares proposed for sale
4,000 shares
Common stock to be sold under Rule 144
Aggregate market value
$149,480.00
Value of 4,000 common shares covered by the notice
Reference price per share
$37.37
Derived from $149,480.00 for 4,000 shares in the filing
Shares outstanding context
22,153,785
Figure listed alongside the securities information for common stock
Acquisition date of shares
10/01/2023
Date the 4,000 shares were acquired via stock grants
Planned sale date/signature date
08/18/2026
Date associated with the planned sale and the signed notice
Key Terms
Rule 144, equity compensation, stock grants
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
equity compensation financial
"4000 | 10/01/2023 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
stock grants financial
"10/01/2023 | Stock Grants | Issuer"
FAQ
What does the Form 144 filing mean for Riley Exploration Permian, Inc. (REPX)?
The Form 144 indicates that Philip A. Riley plans to sell 4,000 REPX common shares under Rule 144. It is a notice of a potential sale by an affiliate, not a completed transaction or new share issuance.
AI-generated analysis. How Rhea-AI works. Not financial advice.