Riley Exploration (REPX) CEO Bobby Riley sells 12,500 shares under 10b5-1 plan
Rhea-AI Filing Summary
Riley Exploration Permian, Inc. CEO and director Bobby Riley reported open-market sales of a total of 12,500 shares of common stock on August 10, 2026. The transactions, executed through a broker-dealer, were effected pursuant to a previously adopted Rule 10b5-1 trading plan dated June 29, 2025. Weighted average sale prices were $35.1832 for 3,599 shares and $36.1154 for 8,901 shares, each comprising multiple trades within disclosed one-dollar price ranges. Following these sales, Riley’s holdings include 359,461 shares of restricted common stock subject to vesting and other restrictions.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 12,500 shares
Net Sell
2 txns
Insider
Riley Bobby
Role
CEO
Sold
12,500 shs ($448K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share F1, F2, F3 | 3,599 | $35.1832 | $127K |
| Sale | Common Stock, par value $0.001 per share F1, F4, F3 | 8,901 | $36.1154 | $321K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 482,983 shares (Direct)
Footnotes (4)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person, dated June 29, 2025.
- F2. The price reported reflects the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.6650 to $35.6550, inclusive. These open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. This amount includes 359,461 shares of restricted common stock subject to vesting and certain other restrictions.
- F4. The price reported reflects the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $35.6700 to $36.2950, inclusive. These open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold (block 1): 3,599 shares
Price per share (block 1): $35.1832
Shares sold (block 2): 8,901 shares
+3 more
6 metrics
Shares sold (block 1)
3,599 shares
Open-market sale of common stock on August 10, 2026 at weighted average price
Price per share (block 1)
$35.1832
Weighted average sale price for 3,599-share transaction, trades $34.6650–$35.6550
Shares sold (block 2)
8,901 shares
Second open-market sale of common stock on August 10, 2026
Price per share (block 2)
$36.1154
Weighted average sale price for 8,901-share transaction, trades $35.6700–$36.2950
Total shares sold
12,500 shares
Sum of reported sales on August 10, 2026 by Bobby Riley
Restricted common stock held
359,461 shares
Restricted shares included in Riley’s holdings, subject to vesting and other restrictions
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, restricted common stock, broker-dealer
4 terms
Rule 10b5-1 trading plan regulatory
"sales were effected pursuant to a Rule 10b5-1 trading plan previously adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported reflects the weighted average sale price."
restricted common stock financial
"includes 359,461 shares of restricted common stock subject to vesting"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
broker-dealer financial
"transactions were made on the same day at different prices through a trade order executed by a broker-dealer."
A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.
FAQ
What insider transactions did REPX CEO Bobby Riley report on this Form 4?
Bobby Riley reported two open-market sales totaling 12,500 shares of Riley Exploration Permian common stock on August 10, 2026, at weighted average prices of $35.1832 and $36.1154 per share, executed through a broker-dealer.
Were the REPX insider sales by Bobby Riley made under a Rule 10b5-1 trading plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan previously adopted by Bobby Riley, dated June 29, 2025, indicating the transactions followed a pre-established trading schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.