Riley Exploration (REPX) CEO completes open-market sale of 30,000 shares
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 30,000 shares ($1,086,603)
Net Sell
1 txn
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)
- 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.
Key Figures
Shares sold: 30,000 shares
Weighted average sale price: $36.2201 per share
Sale price range: $35.80 to $36.455
+2 more
5 metrics
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
Key Terms
open market sale, weighted average sale price, restricted common stock, broker-dealer
4 terms
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.
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.