Riley Exploration (NASDAQ: REPX) large holder logs Jan stock sales

Rhea-AI Filing Summary

Riley Exploration Permian, Inc. reported that a director and 10% owner group filed an amended insider trading report showing recent common stock sales. On January 14, 2026, an entity reported selling 22,285 shares of common stock at a weighted average price of $28.6642. On January 15, 2026, it reported selling 129 shares at a weighted average price of $28.0655, and on January 16, 2026, it reported selling 50,100 shares at a weighted average price of $28.1082. After these transactions, the reporting persons state they beneficially owned 4,084,813 shares of common stock, held directly by Bluescape Riley Exploration Holdings LLC, while most related entities and individuals disclaim beneficial ownership beyond their pecuniary interest.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bluescape Riley Exploration Holdings LLC

(Last) (First) (Middle)

300 CRESCENT COURT, STE. 1860

(Street)

DALLAS TX 75201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Riley Exploration Permian, Inc. [ REPX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/14/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
01/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/14/2026		S		22,285	D	$28.6642(1)	4,135,042	D(4)(5)(6)(7)
Common Stock	01/15/2026		S		129	D	$28.0655(2)	4,134,913	D(4)(5)(6)(7)
Common Stock	01/16/2026		S		50,100	D	$28.1082(3)	4,084,813	D(4)(5)(6)(7)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Bluescape Riley Exploration Holdings LLC

(Last) (First) (Middle)

300 CRESCENT COURT, STE. 1860

(Street)

DALLAS TX 75201

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Bluescape Energy Recapitalization & Restructuring Fund III LP

(Last) (First) (Middle)

300 CRESCENT COURT, STE. 1860

(Street)

DALLAS TX 75201

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Bluescape Energy Partners III GP LLC

(Last) (First) (Middle)

300 CRESCENT COURT, STE. 1860

(Street)

DALLAS TX 75201

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Bluescape Resources GP Holdings LLC

(Last) (First) (Middle)

300 CRESCENT COURT, STE. 1860

(Street)

DALLAS TX 75201

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Bluescape Resources Co LLC

(Last) (First) (Middle)

300 CRESCENT COURT, STE. 1860

(Street)

DALLAS TX 75201

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

WILDER C JOHN

(Last) (First) (Middle)

300 CRESCENT COURT, STE. 1860

(Street)

DALLAS TX 75201

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The January 14th price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.55 to $29.01, inclusive. The reporting persons undertake to provide to Riley Exploration Permian, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (2) and (3) to this Form 4.

2. The January 15th price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.05 to $28.07, inclusive.

3. The January 16th price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.05 to $28.52, inclusive.

4. The reported securities are held directly by Bluescape Riley Exploration Holdings LLC ("Bluescape Riley Holdings").

5. Bluescape Energy Recapitalization and Restructuring Fund III LP owns 90.06% of the membership interests of Bluescape Riley Holdings.

6. Bluescape Energy Partners III GP LLC is the general partner of Bluescape Energy Recapitalization and Restructuring Fund III LP. Bluescape Resources GP Holdings LLC owns 100% of the membership interests of Bluescape Energy Partners III GP LLC. Bluescape Resources Company LLC ("Bluescape Resources") owns 100% of the membership interests of Bluescape Resources GP Holdings LLC. Mr. C. John Wilder, Jr. has the power to direct the affairs of Bluescape Resources as its Executive Chairman.

7. Each reporting person, with the exception of Bluescape Riley Holdings, states that neither the filing of this statement nor anything herein shall be deemed an admission that it is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of these securities. Each reporting person, including Bluescape Riley Holdings, disclaims beneficial ownership of these securities, except to the extent of such reporting person's pecuniary interest in such securities.

Remarks:

	C. John Wilder, Jr.	01/16/2026
	Jonathan Siegler	01/16/2026
	Jonathan Siegler	01/16/2026
	Jonathan Siegler	01/16/2026
	C. John Wilder, Jr.	01/16/2026
	C. John Wilder, Jr.	01/16/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did REPX report in this Form 4/A?

The filing reports sales of Riley Exploration Permian, Inc. common stock on three dates: 22,285 shares on January 14, 2026, 129 shares on January 15, 2026, and 50,100 shares on January 16, 2026, all coded as sales ("S").

At what prices were the REPX shares sold in this insider filing?

The reported sales used weighted average prices: $28.6642 on January 14, $28.0655 on January 15, and $28.1082 on January 16, 2026. Each price reflects multiple trades within the stated intraday ranges.

How many Riley Exploration (REPX) shares were beneficially owned after these sales?

After the January 16, 2026 transaction, the reporting persons state they beneficially owned 4,084,813 shares of Riley Exploration Permian common stock.

Who actually holds the REPX shares reported in this Form 4/A?

Footnotes state the reported securities are held directly by Bluescape Riley Exploration Holdings LLC, which is owned and controlled through various Bluescape entities described in the filing.

Do the reporting persons claim full beneficial ownership of the REPX shares?

Each reporting person, other than Bluescape Riley Exploration Holdings LLC, states that the filing is not an admission of beneficial ownership and disclaims beneficial ownership except to the extent of their pecuniary interest.

What do the weighted average prices mean in the REPX insider sales?

The filing explains that the prices reported in column 4 for January 14–16, 2026 are weighted average prices, reflecting multiple trades within ranges: $28.55–$29.01 on January 14, $28.05–$28.07 on January 15, and $28.05–$28.52 on January 16.

What is the relationship of the reporting persons to Riley Exploration Permian (REPX)?

The reporting group is identified as including a Director and 10% owner of Riley Exploration Permian, Inc., with ownership held through Bluescape Riley Exploration Holdings LLC and related investment entities.