Riley Exploration (REPX) Director Retains 19K Shares After Strategic Sale
Filing Impact
Filing Sentiment
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
Insider Trade Summary
Net Seller: 3,918 shares ($109,508)
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 (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. This amount includes 7,524 shares of restricted common stock subject to vesting and certain other restrictions.
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.