[Form 4] Riley Exploration Permian, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Corey Riley, CIO & CCO of Riley Exploration Permian, Inc. (REPX), reported a non‑discretionary disposition and remaining holdings. On 10/01/2025 Mr. Riley surrendered 6,715 shares of common stock at a price of $27.11 per share to satisfy withholding tax obligations arising when restricted shares vested; the filing states this was not a discretionary sale. After the reported transaction he beneficially owned 165,565 shares in total. The filing notes that 84,189 of those shares remain restricted and subject to future vesting or other restrictions. The Form 4 is signed and dated 10/02/2025.

Positive

• Transparent disclosure of share surrender to cover tax withholding on vested restricted stock
• Substantial retained position of 165,565 shares after the transaction
• Disclosure that 84,189 shares remain restricted, clarifying staking of a material portion

Negative

• 6,715 shares disposed at $27.11 per share on 10/01/2025 (surrendered to satisfy withholding)
• Insider reduction of liquid shares, which reduces immediately tradable insider stake

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
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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).

1. Name and Address of Reporting Person^*

Riley Corey Neil

(Last) (First) (Middle)

C/O RILEY EXPLORATION PERMIAN, INC.

29 EAST RENO, SUITE 500

(Street)

OKLAHOMA CITY OK 73104

(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		10% Owner
X	Officer (give title below)		Other (specify below)
	CIO & CCO

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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

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

X	Form filed by One Reporting Person
	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, par value $0.001 per share	10/01/2025		F		6,715(1)	D	$27.11	165,565(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 Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan and does not represent a discretionary trade by the reporting person.

2. This amount includes 84,189 shares of restricted common stock subject to vesting and certain other restrictions.

Remarks:

	/s/ Corey Riley	10/02/2025
	** 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.

FAQ

What transaction did Corey Riley (REPX) report on the Form 4?

He surrendered 6,715 shares of common stock on 10/01/2025 at $27.11 per share to satisfy tax withholding related to vested restricted stock.

How many REPX shares does Corey Riley beneficially own after the reported transaction?

165,565 shares beneficially owned following the reported transaction.

How many of Corey Riley's REPX shares remain restricted?

84,189 shares are identified in the filing as restricted common stock subject to vesting or other restrictions.

Was the 6,715‑share disposition a discretionary sale by the reporting person?

No. The filing states the shares were surrendered solely to satisfy withholding tax liability and did not represent a discretionary trade.

On what dates were the transaction and the Form 4 signed?

Transaction date: 10/01/2025. Form signed: 10/02/2025.