Riley Exploration Permian CFO surrenders 6,954 shares
The surrendered shares were tied to restricted-stock vesting under the 2021 Long Term Incentive Plan, rather than a discretionary trade.
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Rhea-AI Filing Summary
Riley Exploration Permian, Inc. (REPX) CFO & EVP Strategy Philip A. Riley surrendered 6,954 common shares to the issuer on October 1, 2026, to satisfy tax-withholding obligations incurred upon restricted-stock vesting. The shares were reported at $40.01 per share; the footnote says the surrender was not a discretionary trade. Afterward, Riley directly held 228,549 shares, including 133,579 restricted shares subject to vesting and other restrictions. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.001 per share F1, F2 | 6,954 | $40.01 | $278K |
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 133,579 shares of restricted common stock subject to vesting and certain other restrictions.
Key Figures
Key Terms
tax withholding obligations financial
restricted stock financial
Rule 16b-3(e) regulatory
Long Term Incentive Plan financial
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