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Riley Exploration Permian (REPX) CIO reports 6,593-share tax withholding

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

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 Riley Corey Neil
Role CIO & CCO
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.001 per share 6,593 $36.45 $240K
Holdings After Transaction: Common Stock, par value $0.001 per share — 151,972 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 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.
Shares surrendered for tax withholding 6,593 shares Common stock disposed on April 1, 2026 for tax withholding
Tax withholding price per share $36.45 per share Value used for 6,593 surrendered shares
Total shares after transaction 151,972 shares Direct holdings of Corey Neil Riley following transaction
Restricted shares outstanding 68,701 shares Restricted common stock subject to vesting and other restrictions
withholding tax liability financial
"These shares were surrendered to satisfy the withholding tax liability incurred upon the vesting of shares"
restricted stock financial
"upon the vesting of shares of restricted stock originally issued to the reporting person"
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.
Long Term Incentive Plan financial
"pursuant to the Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
SEC Form 4
FORM 4UNITED 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*
Riley Corey Neil

(Last)(First)(Middle)
C/O RILEY EXPLORATION PERMIAN, INC.
29 EAST 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CIO & CCO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.001 per share04/01/2026F6,593(1)D$36.45151,972(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan and does not represent a discretionary trade by the reporting person.
2. This amount includes 68,701 shares of restricted common stock subject to vesting and certain other restrictions.
Remarks:
/s/ Corey Riley04/03/2026
** Signature of Reporting PersonDate
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 Riley Exploration Permian (REPX) insider Corey Neil Riley report in this Form 4?

Corey Neil Riley reported surrendering 6,593 shares of common stock on April 1, 2026 to cover tax withholding on vested restricted stock. The transaction reflects equity compensation mechanics rather than an open-market trade or change in investment stance.

Was the REPX insider transaction by Corey Neil Riley an open-market sale?

No. The filing states the 6,593 shares were surrendered to satisfy withholding tax liability from restricted stock vesting and "does not represent a discretionary trade." This distinguishes it from an open-market sale based on the insider’s market view.

How many Riley Exploration Permian shares does Corey Neil Riley hold after this Form 4 transaction?

After the tax-withholding disposition, Corey Neil Riley directly holds 151,972 shares of Riley Exploration Permian common stock. This total includes 68,701 shares of restricted common stock that remain subject to vesting and other restrictions under the company’s long-term incentive plan.

What is the nature of the 6,593 REPX shares disposed of in this filing?

The 6,593 shares were surrendered at $36.45 per share to cover the insider’s withholding tax liability upon vesting of restricted stock. This is reported under transaction code F, which covers payment of tax or exercise costs with securities.

What equity awards are referenced in Corey Neil Riley’s Form 4 for REPX?

The filing references shares originally issued under the Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan. It also notes that 68,701 shares of restricted common stock remain outstanding, subject to vesting and other restrictions.