Riley Exploration Permian (REPX) CIO reports 6,593-share tax withholding
Rhea-AI Filing Summary
Riley Exploration Permian, Inc. executive Corey Neil Riley had 6,593 shares of common stock surrendered on April 1, 2026 to cover withholding taxes due on the vesting of restricted stock granted under the company’s 2021 Long Term Incentive Plan.
This was a tax-withholding disposition, not an open-market trade or discretionary sale. After this transaction, he directly holds 151,972 shares of common stock, including 68,701 shares of restricted stock that remain subject to vesting and other restrictions.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on vested stock, not a discretionary sale.
The filing shows CIO & CCO Corey Neil Riley surrendered 6,593 shares at $36.45 per share to satisfy withholding tax liability triggered by restricted stock vesting under the 2021 Long Term Incentive Plan.
This is coded as an F transaction, meaning a tax-withholding disposition, and the footnote explicitly states it does not represent a discretionary trade. After the event, he holds 151,972 shares, including 68,701 restricted shares, indicating a substantial continuing equity position in Riley Exploration Permian, Inc..
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.001 per share | 6,593 | $36.45 | $240K |
Footnotes (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 Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan and does not represent a discretionary trade by the reporting person. This amount includes 68,701 shares of restricted common stock subject to vesting and certain other restrictions.