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Riley Exploration (REPX) CEO completes open-market sale of 30,000 shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Riley Exploration Permian CEO Bobby Riley sold 30,000 shares of common stock in an open-market transaction. The weighted average sale price was $36.2201 per share, with individual trades ranging from $35.80 to $36.455. After this sale, he directly holds 495,483 shares, including 359,462 shares of restricted common stock subject to vesting and other restrictions.

Positive

  • None.

Negative

  • None.
Insider Riley Bobby
Role CEO
Sold 30,000 shs ($1.09M)
Type Security Shares Price Value
Sale Common Stock, par value $0.001 per share 30,000 $36.2201 $1.09M
Holdings After Transaction: Common Stock, par value $0.001 per share — 495,483 shares (Direct, null)
Footnotes (1)
  1. Reflects the weighted average sale price. The highest price at which shares were sold was $36.455 and the lowest price at which shares were sold was $35.80. 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 359,462 shares of restricted common stock subject to vesting and certain other restrictions.
Shares sold 30,000 shares Open-market sale on 2026-06-10
Weighted average sale price $36.2201 per share Open-market sale on 2026-06-10
Sale price range $35.80 to $36.455 Individual trades within one-dollar range
Shares held after transaction 495,483 shares Direct holdings post-sale
Restricted shares held 359,462 shares Restricted common stock subject to vesting
open market sale financial
"Open market sale transactions were made on the same day at different prices"
An open market sale is when a company or a shareholder sells shares through the regular stock market to any willing buyer, using ordinary exchange trading rather than private deals. It matters to investors because it increases the number of shares available and can push the price down or change ownership balance—think of it like someone putting extra items on a supermarket shelf for any shopper to buy, which can lower the item's price if supply suddenly grows.
weighted average sale price financial
"Reflects the weighted average sale price."
restricted common stock financial
"This amount includes 359,462 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
"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.
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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).
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)
06/10/2026
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 share06/10/2026S30,000D$36.2201(1)495,483(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects the weighted average sale price. The highest price at which shares were sold was $36.455 and the lowest price at which shares were sold was $35.80. 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 359,462 shares of restricted common stock subject to vesting and certain other restrictions.
Remarks:
/s/ Bobby D. Riley06/12/2026
** 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)

FAQ

What insider transaction did Riley Exploration (REPX) report for CEO Bobby Riley?

Riley Exploration reported that CEO Bobby Riley executed an open-market sale of 30,000 shares of common stock. The sale was reported on a single line but reflects multiple trades within a one-dollar price range executed through a broker-dealer.

At what price did the REPX CEO sell his 30,000 shares?

The 30,000 shares were sold at a weighted average price of $36.2201 per share. Individual trades occurred between a highest price of $36.455 and a lowest price of $35.80, all executed in the open market through a broker-dealer.

How many Riley Exploration (REPX) shares does the CEO hold after this sale?

After the reported sale, CEO Bobby Riley directly holds 495,483 shares of Riley Exploration common stock. This total includes 359,462 shares of restricted common stock that are subject to vesting conditions and certain other restrictions over time.

How many restricted Riley Exploration (REPX) shares does the CEO own?

The CEO’s post-transaction holdings include 359,462 shares of restricted common stock. These restricted shares are subject to vesting and certain other restrictions, meaning they typically become fully owned and freely tradable only after specified conditions are met.

Was the REPX CEO’s 30,000-share sale a single trade or multiple trades?

The 30,000-share sale reflects multiple open-market trades executed on the same day. A broker-dealer executed these trades at different prices within a one-dollar range, which were reported in aggregate as a single line in the Form 4 filing.