Riley Exploration (NASDAQ: REPX) director granted 1,878 restricted shares

Rhea-AI Filing Summary

Riley Exploration Permian, Inc. director Bobby Saadati acquired 1,878 shares of common stock through a stock grant under the company’s 2021 Long Term Incentive Plan. These shares are restricted stock issued at a grant price of $0.00 per share and will vest on June 1, 2026.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Saadati Bobby

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $0.001 per share	1,878	$0.00	--

Holdings After Transaction: Common Stock, par value $0.001 per share — 1,878 shares (Direct)

Footnotes (1)

1. These shares are restricted stock acquired under Issuer's Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan. The shares of restricted stock vest on June 1, 2026. This amount includes 1,878 shares of restricted common stock subject to vesting and certain other restrictions.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Saadati Bobby

(Last) (First) (Middle)

C/O RILEY EXPLORATION PERMIAN, INC.

29 E. RENO, SUITE 500

(Street)

OKLAHOMA CITY OK 73104

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Riley Exploration Permian, Inc. [ REPX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/01/2026		A		1,878	A	$0(1)	1,878(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 are restricted stock acquired under Issuer's Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan. The shares of restricted stock vest on June 1, 2026.

2. This amount includes 1,878 shares of restricted common stock subject to vesting and certain other restrictions.

Remarks:

	/s/ Bobby Saadati	03/02/2026
	** 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.

FAQ

What did Riley Exploration Permian (REPX) disclose in this Form 4?

Riley Exploration Permian reported a stock grant to director Bobby Saadati. He received 1,878 shares of restricted common stock, all held directly, under the 2021 Long Term Incentive Plan with vesting scheduled for June 1, 2026.

How many Riley Exploration Permian (REPX) shares did the director acquire?

Director Bobby Saadati acquired 1,878 shares of common stock. These shares are structured as restricted stock granted at no cash cost, subject to vesting conditions, and are included within his total reported direct ownership of 1,878 shares after the transaction.

What type of transaction is reported for REPX director Bobby Saadati?

The transaction is a grant or award acquisition of common stock. It is coded as “A” on Form 4, indicating 1,878 shares of restricted stock were awarded rather than bought on the open market, with no purchase price per share reported.

When do the granted REPX restricted shares vest for the director?

The 1,878 restricted shares granted to director Bobby Saadati vest on June 1, 2026. Until vesting, they remain subject to restrictions described in the long-term incentive plan, including ongoing service and other potential conditions specified by the company.

Are the REPX shares in this Form 4 held directly or indirectly?

All 1,878 shares reported are held as direct ownership by Bobby Saadati. The Form 4 lists the ownership code as “D” for direct, and the amount includes restricted common stock that is subject to vesting and other plan-related restrictions.

Did the REPX director pay cash for the 1,878 restricted shares?

No cash price was reported for the 1,878 restricted shares. The transaction price per share is shown as $0.0000, indicating these shares were issued as a grant or award under the company’s 2021 Long Term Incentive Plan rather than purchased.