REPX CFO surrenders shares for tax withholding

Riley Exploration Permian, Inc. executive Philip A. Riley reported a non-discretionary share disposition tied to taxes on vested restricted stock.

Rhea-AI Filing Summary

Riley Exploration Permian, Inc. executive Philip A. Riley reported a non-discretionary share disposition tied to taxes on vested restricted stock. On the transaction date, 8,554 shares of common stock were surrendered at an indicated value of $36.45 per share to satisfy withholding tax liabilities.

After this tax-withholding disposition, Riley directly held 166,927 shares of common stock. This total includes 76,006 shares of restricted stock that remain subject to vesting and other restrictions, so the filing mainly reflects routine compensation and tax treatment rather than an open-market trade.

Insider Trade Summary

Exercise Price or Tax Liability: 8,554 shares

Exercise Price or Tax Liability 1 txn

Insider Riley Philip A

Role CFO & EVP STRATEGY

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock, par value $0.001 per share	8,554	$36.45	$312K

Holdings After Transaction: Common Stock, par value $0.001 per share — 166,927 shares (Direct)

Footnotes (2)

1. F1. These shares were surrendered to satisfy the withholding tax liability incurred upon the vesting of shares of restricted stock originally issued to the reporting person pursuant to the Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan and does not represent a discretionary trade by the reporting person.
2. F2. This amount includes 76,006 shares of restricted common stock subject to vesting and certain other restrictions.

Key Figures

Tax-withholding shares: 8,554 shares Implied share value: $36.45 per share Shares held after transaction: 166,927 shares +1 more

4 metrics

Tax-withholding shares 8,554 shares Surrendered to cover withholding tax liability on vested restricted stock

Implied share value $36.45 per share Value used for the 8,554-share tax-withholding disposition

Shares held after transaction 166,927 shares Direct common stock holdings following the tax-withholding disposition

Restricted stock included 76,006 shares Restricted common stock subject to vesting and other restrictions within total holdings

Key Terms

withholding tax liability, restricted stock, Long Term Incentive Plan, tax-withholding disposition

4 terms

withholding tax liability financial

"These shares were surrendered to satisfy the withholding tax liability incurred upon the vesting of shares"

restricted stock financial

"the vesting of shares of restricted stock originally issued to the reporting person"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Long Term Incentive Plan financial

"pursuant to the Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan"

A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Riley Exploration Permian (REPX) report for Philip A. Riley?

Riley Exploration Permian reported that executive Philip A. Riley surrendered 8,554 shares of common stock to cover withholding tax liabilities on vested restricted stock. This was a tax-withholding disposition under the company’s 2021 Long Term Incentive Plan, not an open-market trade.

Was the Riley Exploration Permian (REPX) Form 4 transaction a discretionary sale?

No, the Form 4 states the 8,554 shares were surrendered solely to satisfy withholding tax obligations from restricted stock vesting. The footnote clarifies it does not represent a discretionary trade by Philip A. Riley, but rather routine tax handling of equity compensation.

How many Riley Exploration Permian (REPX) shares does Philip A. Riley hold after the Form 4 event?

Following the tax-withholding disposition, Philip A. Riley directly holds 166,927 shares of Riley Exploration Permian common stock. This total includes both unrestricted shares and 76,006 shares of restricted common stock that remain subject to vesting and other restrictions under the incentive plan.

What role does restricted stock play in Riley Exploration Permian (REPX) executive compensation?

The Form 4 indicates that Riley’s restricted stock was granted under the Amended and Restated 2021 Long Term Incentive Plan. Shares vest over time and may be subject to conditions, with some surrendered at vesting to cover tax liabilities, aligning executive pay partly with company equity performance.

At what price were the Riley Exploration Permian (REPX) shares valued for the tax-withholding disposition?

The 8,554 surrendered shares were reported at a value of $36.45 per share. This figure is used in the Form 4 to quantify the tax-withholding disposition related to vested restricted stock and does not represent an open-market sale price chosen by the executive.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/03/2026 - 04:33 PM EDT Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Riley Philip A

(Last) (First) (Middle)

C/O RILEY EXPLORATION PERMIAN, INC.

29 EAST RENO, SUITE 500

(Street)

OKLAHOMA CITY OKLAHOMA 73104

(City) (State) (Zip)

UNITED STATES

(Country)

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		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO & EVP STRATEGY

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

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

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

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

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, par value $0.001 per share	04/01/2026		F		8,554(1)	D	$36.45	166,927(2)	D

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

Explanation of Responses:

1. These shares were surrendered to satisfy the withholding tax liability incurred upon the vesting of shares of restricted stock originally issued to the reporting person pursuant to the Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan and does not represent a discretionary trade by the reporting person.

2. This amount includes 76,006 shares of restricted common stock subject to vesting and certain other restrictions.

Remarks:

	/s/Philip Riley	04/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)