Riley CEO Surrenders 10,754 REPX Shares for Taxes; 182,353 Restricted Remain

Rhea-AI Filing Summary

Riley Exploration Permian, Inc. (REPX) reporting person Bobby Riley, CEO and director, surrendered 10,754 shares of common stock on 10/01/2025 at a price of $27.11 to satisfy withholding taxes triggered by the vesting of restricted shares. After that transaction, Mr. Riley beneficially owns 381,931 shares, which include 182,353 restricted shares still subject to vesting or other restrictions. The Form 4 notes the surrender was to cover tax liability and was not a discretionary sale.

Positive

• Reporting person retains significant stake: 381,931 shares beneficially owned
• Large restricted position remains: 182,353 restricted shares still subject to vesting or restrictions

Negative

• Shares surrendered for tax withholding: 10,754 common shares surrendered at $27.11

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Riley Bobby

Role CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, par value $0.001 per share	10,754	$27.11	$292K

Holdings After Transaction: Common Stock, par value $0.001 per share — 381,931 shares (Direct)

Footnotes (1)

1. These shares were surrendered to satisfy the withholding tax liability incurred upon the vesting of shares of restricted stock originally issued to the reporting person pursuant to the Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan and does not represent a discretionary trade by the reporting person. This amount includes 182,353 shares of restricted common stock subject to vesting and certain other restrictions.

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).

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)
10/01/2025

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	10/01/2025		F		10,754(1)	D	$27.11	381,931(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 were surrendered to satisfy the withholding tax liability incurred upon the vesting of shares of restricted stock originally issued to the reporting person pursuant to the Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan and does not represent a discretionary trade by the reporting person.

2. This amount includes 182,353 shares of restricted common stock subject to vesting and certain other restrictions.

Remarks:

	/s/ Bobby D. Riley	10/02/2025
	** 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 transaction did Bobby Riley report on Form 4 for REPX?

He reported surrendering 10,754 common shares on 10/01/2025 at a price of $27.11 to satisfy withholding taxes.

How many REPX shares does the reporting person beneficially own after the transaction?

The Form 4 shows beneficial ownership of 381,931 shares following the reported transaction.

How many of the reporting person's REPX shares are restricted?

The filing states 182,353 shares are restricted common stock subject to vesting and other restrictions.

Was the share surrender a discretionary sale by the reporting person?

No. The filing explicitly states the shares were surrendered solely to satisfy the withholding tax liability from vesting and were not a discretionary trade.

What roles does Bobby Riley hold at Riley Exploration Permian, Inc.?

The Form 4 lists Bobby Riley as both a Director and the company's CEO.