Riley Exploration Permian CEO surrenders 7,933 shares
The surrendered shares were tied to vesting of restricted stock, and the footnote says the transfer was not a discretionary trade.
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Rhea-AI Filing Summary
Riley Exploration Permian, Inc. (REPX) CEO Bobby Riley surrendered 7,933 shares on October 1, 2026, at a reported $40.01 per share to satisfy tax-withholding obligations upon vesting of restricted stock. The footnote says the surrender was not a discretionary trade. Afterward, he directly held 475,050 shares, including 341,370 restricted common shares subject to vesting and certain other restrictions.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.001 per share F1, F2 | 7,933 | $40.01 | $317K |
Footnotes (2)
- F1. Represents shares of common stock surrendered to the issuer to satisfy tax withholding obligations incurred upon the vesting of restricted stock granted to the reporting person under the Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan. The surrender is exempt under Rule 16b-3(e) and does not represent a discretionary trade by the reporting person.
- F2. This amount includes 341,370 shares of restricted common stock subject to vesting and certain other restrictions.
Key Figures
Key Terms
tax withholding obligations financial
restricted stock financial
vesting financial
Rule 16b-3(e) regulatory
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