Riley Exploration Permian (REPX) CIO & CCO sells 3,500 shares under 10b5-1 plan
Rhea-AI Filing Summary
Riley Exploration Permian, Inc. executive Corey Neil Riley, the CIO & CCO, reported open-market sales of a total of 3,500 shares of common stock on August 10, 2026. The transactions, executed under a previously adopted Rule 10b5-1 trading plan dated July 12, 2025, included 40 shares at $34.40 per share and 3,460 shares at a weighted average price of $35.2107 per share, with individual trades occurring between $34.6850 and $35.6550. Following these sales, the reported holdings include 133,791 shares of restricted common stock subject to vesting and other restrictions.
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Insider Trade Summary 10b5-1
Net Seller: 3,500 shares
Net Sell
2 txns
Insider
Riley Corey Neil
Role
CIO & CCO
Sold
3,500 shs ($123K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share F1, F2 | 40 | $34.40 | $1K |
| Sale | Common Stock, par value $0.001 per share F1, F3, F2 | 3,460 | $35.2107 | $122K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 210,062 shares (Direct)
Footnotes (3)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person, dated July 12, 2025.
- F2. This amount includes 133,791 shares of restricted common stock subject to vesting and certain other restrictions.
- F3. The price reported reflects the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $34.6850 to $35.6550, inclusive. These 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 security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Total shares sold: 3,500 shares
First sale price: $34.40 per share
Weighted average sale price: $35.2107 per share
+2 more
5 metrics
Total shares sold
3,500 shares
Open-market sales of common stock on August 10, 2026
First sale price
$34.40 per share
Sale of 40 shares of common stock
Weighted average sale price
$35.2107 per share
Sale of 3,460 shares; trades ranged $34.6850–$35.6550
10b5-1 plan adoption date
July 12, 2025
Date of Rule 10b5-1 trading plan used for these sales
Restricted shares held
133,791 shares
Restricted common stock subject to vesting and other restrictions
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, restricted common stock, broker-dealer
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported ... were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported reflects the weighted average sale price."
restricted common stock financial
"This amount includes 133,791 shares of restricted common stock subject to vesting"
Restricted common stock is company shares that carry limits on selling or transferring for a set period or until certain conditions are met, like time-based vesting or regulatory clearance. Think of them as shares in a locked box that gradually open; they can become freely tradable later but initially reduce the number of shares available on the market. Investors watch restricted stock because its eventual release can change a company’s share supply, affect stock price, and influence control and dilution.
broker-dealer financial
"transactions were made ... through a trade order executed by a broker-dealer."
A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.
FAQ
What insider transaction did REPX executive Corey Neil Riley report?
Corey Neil Riley reported selling 3,500 shares of Riley Exploration Permian, Inc. (REPX) common stock. The sales occurred on August 10, 2026 in open-market transactions at prices around the mid-$30 range.
Was the REPX insider sale made under a Rule 10b5-1 plan?
Yes. The sales were effected under a Rule 10b5-1 trading plan previously adopted by Corey Neil Riley, dated July 12, 2025, indicating the transactions followed a pre-arranged trading schedule.
What role does the reporting person hold at Riley Exploration Permian (REPX)?
The reporting person, Corey Neil Riley, serves as CIO & CCO of Riley Exploration Permian, Inc. This officer status is disclosed alongside the reported common stock sales in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
