Riley Exploration (REPX) Director Retains 19K Shares After Strategic Sale
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
Insider Trade Summary
Net Seller: 3,918 shares
Net Sell
1 txn
Insider
Arriaga Brent Alexander
Role
Director
Sold
3,918 shs ($110K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 3,918 | $27.95 | $110K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 19,133 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. This amount includes 7,524 shares of restricted common stock subject to vesting and certain other restrictions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.