Riley Exploration COO covers taxes with share surrender

Riley Exploration Permian, Inc. Chief Operating Officer John Patrick Suter surrendered 3,206 shares of common stock at $36.45 per share to cover withholding taxes arising from the vesting of restricted stock under the company’s 2021 Long Term Incentive Plan.

Rhea-AI Filing Summary

Riley Exploration Permian, Inc. Chief Operating Officer John Patrick Suter surrendered 3,206 shares of common stock at $36.45 per share to cover withholding taxes arising from the vesting of restricted stock under the company’s 2021 Long Term Incentive Plan. This was a tax-withholding disposition, not an open-market trade. Following this transaction, he directly holds 70,758 shares of common stock, including 59,524 shares of restricted stock that remain subject to vesting and other restrictions.

Insider Trade Summary

Exercise Price or Tax Liability: 3,206 shares

Exercise Price or Tax Liability 1 txn

Insider SUTER JOHN PATRICK

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock, par value $0.001 per share	3,206	$36.45	$117K

Holdings After Transaction: Common Stock, par value $0.001 per share — 70,758 shares (Direct)

Footnotes (2)

1. F1. These shares were surrendered to satisfy the withholding tax liability incurred upon the vesting of shares of restricted stock originally issued to the reporting person pursuant to the Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan and does not represent a discretionary trade by the reporting person.
2. F2. This amount includes 59,524 shares of restricted common stock subject to vesting and certain other restrictions.

Key Figures

Shares surrendered for taxes: 3,206 shares Price per surrendered share: $36.45 per share Shares held after transaction: 70,758 shares +1 more

4 metrics

Shares surrendered for taxes 3,206 shares Tax-withholding disposition on restricted stock vesting

Price per surrendered share $36.45 per share Value used for tax-withholding disposition

Shares held after transaction 70,758 shares Direct holdings following tax-withholding disposition

Restricted shares outstanding 59,524 shares Restricted common stock subject to vesting and other restrictions

Key Terms

withholding tax liability, restricted stock, Long Term Incentive Plan, tax-withholding disposition

4 terms

withholding tax liability financial

"These shares were surrendered to satisfy the withholding tax liability incurred upon the vesting"

restricted stock financial

"upon the vesting of shares of restricted stock originally issued to the reporting person"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Long Term Incentive Plan financial

"pursuant to the Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan"

A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did REPX COO John Patrick Suter report?

John Patrick Suter reported surrendering 3,206 shares of Riley Exploration Permian common stock. The shares were used to satisfy withholding tax obligations from vesting restricted stock, rather than being sold in an open-market transaction.

Was the REPX COO’s Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The 3,206 shares were surrendered to cover withholding tax liability triggered by restricted stock vesting, as disclosed in the footnotes, and did not represent a discretionary trade by the officer.

How many Riley Exploration Permian shares does the COO hold after this filing?

After the tax-withholding disposition, the COO directly holds 70,758 shares of Riley Exploration Permian common stock. This total includes both unrestricted and restricted shares reported as beneficially owned following the transaction.

How many restricted REPX shares held by the COO remain subject to vesting?

The filing states that 59,524 shares of restricted common stock held by the COO remain subject to vesting and other restrictions. These shares were granted under the company’s Amended and Restated 2021 Long Term Incentive Plan.

What does transaction code F mean in the REPX Form 4 filing?

Transaction code F indicates a disposition of shares to pay an exercise price or tax liability. In this case, 3,206 shares were surrendered specifically to satisfy withholding tax obligations caused by restricted stock vesting, not as a voluntary sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/03/2026 - 04:34 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

SUTER JOHN PATRICK

(Last) (First) (Middle)

C/O RILEY EXPLORATION PERMIAN, INC.

29 E. 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001 per share	04/01/2026		F		3,206(1)	D	$36.45	70,758(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were surrendered to satisfy the withholding tax liability incurred upon the vesting of shares of restricted stock originally issued to the reporting person pursuant to the Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan and does not represent a discretionary trade by the reporting person.

2. This amount includes 59,524 shares of restricted common stock subject to vesting and certain other restrictions.

Remarks:

	/s/ John Suter	04/03/2026
	** Signature of Reporting Person	Date
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)