Riley Exploration (REPX) counsel receives 12,500 restricted stock award

Rhea-AI Filing Summary

di Santo Beth A reported acquisition or exercise transactions in this Form 4 filing.

Riley Exploration Permian, Inc. reported that Secretary & General Counsel Beth A. di Santo received a grant of 12,500 shares of restricted common stock on April 1, 2026 under the company’s 2021 Long Term Incentive Plan. The award was made pursuant to an engagement letter effective January 1, 2026.

The restricted shares vest on January 1, 2027, meaning she must remain in service and meet applicable conditions until that date to fully earn them. Following this grant, she directly holds 61,112 shares of common stock, including the 12,500 restricted shares that remain subject to vesting and other restrictions.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider di Santo Beth A

Role Secretary & General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	12,500	$0.00	--

Holdings After Transaction: Common Stock — 61,112 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 on April 1, 2026 pursuant to an engagement letter with an effective date of January 1, 2026. The shares of restricted stock vest on January 1, 2027. This amount includes 12,500 shares of restricted common stock subject to vesting and certain other restrictions

Key Figures

Restricted stock grant: 12,500 shares Grant price: $0.00 per share Total holdings after grant: 61,112 shares +2 more

5 metrics

Restricted stock grant 12,500 shares Common Stock awarded on April 1, 2026

Grant price $0.00 per share Restricted stock compensation award

Total holdings after grant 61,112 shares Direct ownership following April 1, 2026 award

Unvested restricted shares 12,500 shares Subject to vesting and restrictions as of grant

Vesting date January 1, 2027 Restricted stock vesting schedule

Key Terms

restricted stock, 2021 Long Term Incentive Plan, engagement letter, vesting

4 terms

restricted stock financial

"These shares are restricted stock acquired under Issuer's Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan"

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.

2021 Long Term Incentive Plan financial

"acquired under Issuer's Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan"

engagement letter financial

"on April 1, 2026 pursuant to an engagement letter with an effective date of January 1, 2026"

vesting financial

"The shares of restricted stock vest on January 1, 2027."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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^*

di Santo Beth A

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Secretary & General Counsel

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	04/01/2026		A		12,500	A	$0(1)	61,112(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 on April 1, 2026 pursuant to an engagement letter with an effective date of January 1, 2026. The shares of restricted stock vest on January 1, 2027.

2. This amount includes 12,500 shares of restricted common stock subject to vesting and certain other restrictions

Remarks:

	/s/ Beth A. di Santo	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)

FAQ

What did Beth A. di Santo report in the latest Form 4 for REPX?

Beth A. di Santo reported receiving 12,500 shares of restricted common stock in Riley Exploration Permian. The grant was awarded on April 1, 2026 as part of compensation under the 2021 Long Term Incentive Plan and is subject to future vesting conditions.

At what price were the 12,500 Riley Exploration (REPX) shares granted?

The 12,500 restricted shares were granted at a price of $0.00 per share, indicating a compensation award rather than an open-market purchase. Such grants typically represent equity-based pay designed to align the executive’s interests with long-term shareholder value.

When do Beth A. di Santo’s 12,500 restricted REPX shares vest?

The 12,500 shares of restricted common stock vest on January 1, 2027. Until that vesting date, the shares remain subject to restrictions and potential forfeiture based on continued service and other conditions specified in the company’s long-term incentive plan.

How many Riley Exploration (REPX) shares does Beth A. di Santo now hold?

After the restricted stock grant, Beth A. di Santo directly holds 61,112 shares of Riley Exploration Permian common stock. This total includes the 12,500 restricted shares that are still subject to vesting and other restrictions described in the company’s equity plan documentation.

Is Beth A. di Santo’s Form 4 transaction a market purchase or a compensation award?

The Form 4 transaction is a compensation-related award, not a market purchase. The 12,500 shares were granted at $0.00 per share under Riley Exploration’s 2021 Long Term Incentive Plan, reflecting equity-based pay under an engagement letter effective January 1, 2026.