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

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Riley Exploration Permian (REPX) Director Brent Alexander Arriaga reported a significant insider sale transaction on June 23, 2025. The director disposed of 3,918 shares at a weighted average price of $27.95 per share, with individual trade prices ranging from $27.85 to $28.00.

Following the transaction, Arriaga maintains beneficial ownership of 19,133 shares, which includes 7,524 shares of restricted common stock subject to vesting and other restrictions. The sale was executed through a broker-dealer in multiple trades within a one-dollar price range.

Key Transaction Details:

  • Transaction Type: Open market sale (Form 4)
  • Total Value: Approximately $109,508
  • Direct Ownership: All shares held directly
  • Filing Date: June 25, 2025

Positive

  • None.

Negative

  • Director Brent Arriaga sold 3,918 shares (approximately 17% of his holdings) at an average price of $27.95, reducing his direct ownership to 19,133 shares
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*
Arriaga Brent Alexander

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
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 06/23/2025 S 3,918 D $27.95(1) 19,133(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. Reflects the weighted average sale price. The highest price at which shares were sold was $28.00 and the lowest price at which shares were sold was $27.85. 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 shareholder of the issuer, full information regarding the number of shares sold at each separate price.
2. This amount includes 7,524 shares of restricted common stock subject to vesting and certain other restrictions.
Remarks:
/s/Brent Arriaga 06/25/2025
** 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

How many shares of REPX stock did Director Brent Arriaga sell on June 23, 2025?

Director Brent Arriaga sold 3,918 shares of REPX common stock on June 23, 2025.

What was the sale price of REPX shares in Director Arriaga's transaction?

The shares were sold at a weighted average price of $27.95, with prices ranging from $27.85 to $28.00 per share through multiple open market transactions.

How many REPX shares does Brent Arriaga own after the reported transaction?

Following the transaction, Brent Arriaga owns 19,133 shares directly, including 7,524 shares of restricted common stock subject to vesting and certain other restrictions.

What position does Brent Arriaga hold at Riley Exploration Permian (REPX)?

Brent Arriaga serves as a Director of Riley Exploration Permian, Inc. (REPX), as indicated by the 'X' marked in the Director box on the Form 4.

What type of ownership does Brent Arriaga have for his REPX shares?

Brent Arriaga has Direct (D) ownership of his REPX shares, as indicated in Column 6 of Table I in the Form 4 filing.
Riley Exploration Permian Inc.

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580.20M
14.59M
27.21%
63.3%
2.37%
Oil & Gas E&P
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United States
OKLAHOMA CITY