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Riley Exploration Permian (REPX) officer plans $149K stock sale

(Neutral)
(Neutral)
Form Type
144

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.

Positive

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Negative

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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
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.

How many Riley Exploration Permian (REPX) shares are covered by this Form 144?

The filing covers a proposed sale of 4,000 shares of Riley Exploration Permian common stock. These shares were previously granted as equity compensation and are now eligible for resale under Rule 144, subject to applicable conditions.

What is the reported market value of the REPX shares in this Form 144?

The Form 144 reports an aggregate market value of $149,480.00 for the 4,000 REPX shares proposed for sale. This implies a reference price of about $37.37 per share for disclosure purposes in the notice.

When were the REPX shares being sold under Form 144 originally acquired?

The 4,000 REPX shares were acquired on 10/01/2023 through stock grants from the issuer as equity compensation. This acquisition date helps determine Rule 144 holding-period requirements for resale eligibility.

Through which broker and market will the Riley Exploration Permian (REPX) shares be sold?

The proposed sale will be executed through Charles Schwab Corp., with trading indicated on NYSE/AMEX. The Form 144 lists Schwab’s Westlake, Texas address as the broker location associated with this planned transaction.

Who is the person selling Riley Exploration Permian (REPX) shares under this Form 144?

The notice is filed for the account of Philip A. Riley, identified as an officer in relation to Riley Exploration Permian. As an affiliate, Riley must file a Rule 144 notice before reselling restricted or control shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature