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Riley Exploration (REPX) CEO Bobby Riley sells 12,500 shares under 10b5-1 plan

(High)
(Negative)
Form Type
4

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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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)
  1. 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.
  2. 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.
  3. F3. This amount includes 359,461 shares of restricted common stock subject to vesting and certain other restrictions.
  4. 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.
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
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.

How many Riley Exploration Permian (REPX) shares did Bobby Riley sell and at what prices?

Bobby Riley sold 3,599 shares at a weighted average price of $35.1832 and 8,901 shares at a weighted average price of $36.1154, with individual trades occurring within specified one-dollar price ranges.

What price ranges applied to the REPX shares sold by Bobby Riley on August 10, 2026?

For the 3,599-share block, trades occurred between $34.6650 and $35.6550. For the 8,901-share block, trades occurred between $35.6700 and $36.2950, with each block reported as a weighted average price.

What REPX shareholdings does Bobby Riley retain after these reported sales?

The filing notes that Riley’s reported holdings include 359,461 shares of restricted common stock, which are subject to vesting and other restrictions. The total number of all shares held is not detailed in the structured data provided.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
X
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 Bobby

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.001 per share08/10/2026S3,599(1)D$35.1832(2)491,884(3)D
Common Stock, par value $0.001 per share08/10/2026S8,901(1)D$36.1154(4)482,983(3)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
3. This amount includes 359,461 shares of restricted common stock subject to vesting and certain other restrictions.
4. 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.
Remarks:
/s/ Bobby D. Riley08/12/2026
** Signature of Reporting PersonDate
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)