[Form 4] Riley Exploration Permian, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Riley Exploration Permian, Inc. director and CEO Bobby Riley reported an open-market sale of 15,000 shares of common stock on 08/11/2025 executed under a Rule 10b5-1 trading plan. The transactions occurred at prices between $25.79 and $26.70, with a weighted-average sale price of $26.0051. Following the sale, Riley beneficially owns 399,636 shares, which include 222,097 shares of restricted stock subject to vesting and other restrictions. The filing shows no derivative transactions and notes the 10b5-1 plan was adopted on August 21, 2024.

Positive

• Sale executed under a Rule 10b5-1 trading plan, indicating the transactions were pre-planned and follow an established compliance framework.
• Reporting person retains substantial ownership after the sale: 399,636 shares total, including 222,097 restricted shares subject to vesting and other restrictions.

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider sold 15,000 REPX shares via a 10b5-1 plan; retained a sizable ~400k-share stake with 222,097 restricted shares.

The reported sale of 15,000 shares at a weighted-average price of $26.0051 was executed on 08/11/2025 under a Rule 10b5-1 plan adopted August 21, 2024. The transaction price range was $25.79 to $26.70. Post-transaction beneficial ownership stands at 399,636 shares, including 222,097 restricted shares subject to vesting and other restrictions. No derivative positions are reported. From a trading-impact perspective this appears routine and procedural, providing transparency on the insider's holdings and liquidity actions.

Corporate Governance Expert

TL;DR: Sale executed under a pre-established 10b5-1 plan showing compliance; insider retains meaningful ownership including restricted shares.

The Form 4 discloses that Bobby Riley, serving as both CEO and a director, used a Rule 10b5-1 plan for the reported sale, which helps evidence pre-planned execution and reduces concerns about timing. The filing discloses the weighted-average sale price ($26.0051) and the price range ($25.79–$26.70), and confirms continued significant beneficial ownership of 399,636 shares, of which 222,097 are restricted. No derivative activity was reported. The disclosure is consistent with standard insider-reporting practices and improves transparency for shareholders.

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).

X

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^*

Riley Bobby

(Last) (First) (Middle)

C/O RILEY EXPLORATION PERMIAN, INC.

29 EAST 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
X	Officer (give title below)		Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025

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	08/11/2025		S		15,000(1)	D	$26.0051(2)	399,636(3)	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. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person, dated August 21, 2024.

2. Reflects the weighted average sale price. The highest price at which shares were sold was $26.70 and the lowest price at which shares were sold was $25.79. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.

3. This amount includes 222,097 shares of restricted common stock subject to vesting and certain other restrictions.

Remarks:

	/s/ Bobby D. Riley	08/12/2025
	** 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 insider transaction did REPX report?

The Form 4 reports that CEO and director Bobby Riley sold 15,000 shares of Riley Exploration Permian, Inc. on 08/11/2025.

At what prices were the REPX shares sold?

The sales occurred at prices ranging from $25.79 to $26.70, with a weighted-average sale price of $26.0051.

Was the sale part of a 10b5-1 plan?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 21, 2024.

How many REPX shares does the reporting person own after the sale?

After the reported sale the reporting person beneficially owns 399,636 shares, which include 222,097 restricted shares subject to vesting and other restrictions.

Were any derivative securities reported in this filing?

No. Table II shows no derivative securities acquired, disposed of, or beneficially owned in this filing.