[144] Riley Exploration Permian, Inc. SEC Filing
Rhea-AI Filing Summary
Riley Exploration Permian, Inc. (REPX) – Form 144 notice
An unidentified insider plans to sell up to 3,500 shares of REPX common stock through Charles Schwab on or about 08 Aug 2025. The shares, valued at $92,435, were received as compensation on 26 Sep 2023 and equal roughly 0.016 % of the 22,042,244 shares outstanding. The filer reports no REPX sales over the prior three months and attests to possessing no undisclosed material adverse information, as required by Rule 144.
The proposed resale involves existing shares—not new issuance—so it does not dilute shareholders or alter capital structure. Given the small size relative to average trading volume and total float, the transaction is unlikely to influence market liquidity, control, or the company’s fundamentals.
Positive
- None.
Negative
- None.
Insights
TL;DR: Minor insider resale (0.016 % float) signals little about fundamentals; market impact negligible.
The 3,500-share Form 144 equates to about $92K and a fraction of REPX’s 22 M shares outstanding. Such a small, scheduled resale—originating from compensation—does not change ownership concentration or capital resources. Rule 144 filings are routine and often executed over time, so price pressure should be minimal. No concurrent sales were disclosed, and the attestation confirms no hidden negative information. I view the filing as administratively neutral for investors.