Riley Exploration Director Sells $109K Worth of Shares at $27.95
Riley Exploration Permian (REPX) Director Brent Alexander Arriaga reported a significant insider sale transaction on June 23, 2025.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 3,918 | $27.95 | $110K |
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.
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