Riley Exploration Permian (REPX) CEO sells shares in planned trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Riley Exploration Permian, Inc. CEO and director Bobby Riley reported two open market sales of common stock. On February 10, 2026, he sold 12,185 shares at a weighted average price of $27.7678 and another 315 shares at a weighted average price of $28.6153.
The filing states these sales were executed under a previously adopted Rule 10b5-1 trading plan dated June 29, 2025. After the transactions, Riley beneficially owned 336,931 shares of common stock, which the filing notes include 182,353 shares of restricted stock subject to vesting and other restrictions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,500 shares ($347,364)
Net Sell
2 txns
Insider
Riley Bobby
Role
CEO
Sold
12,500 shs ($347K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 12,185 | $27.7678 | $338K |
| Sale | Common Stock, par value $0.001 per share | 315 | $28.6153 | $9K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 337,246 shares (Direct)
Footnotes (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 June 29, 2025. Reflects the weighted average sale price. The highest price at which shares were sold was $28.4250 and the lowest price at which shares were sold was $27.5100. 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 This amount includes 182,353 shares of restricted common stock subject to vesting and certain other restrictions. Reflects the weighted average sale price. The highest price at which shares were sold was $28.65 and the lowest price at which shares were sold was $28.53. 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.
FAQ
What insider transaction did Riley Exploration Permian (REPX) report?
Riley Exploration Permian’s CEO and director Bobby Riley reported selling common stock in two open market transactions on February 10, 2026. The sales were disclosed on a Form 4 insider filing and involved non-derivative shares of the company’s common stock.
Was the Riley Exploration Permian (REPX) CEO sale under a Rule 10b5-1 plan?
Yes. The filing states the reported sales were effected pursuant to a Rule 10b5-1 trading plan previously adopted by Bobby Riley on June 29, 2025. Such plans allow pre-arranged trading, helping separate personal trading decisions from day-to-day corporate developments.
What additional pricing detail is given for the REPX stock sales?
For each line, the filing reports weighted average sale prices and explains detailed prices varied within a one-dollar range. It specifies highest and lowest sale prices and notes trades were executed through a broker-dealer, with full price breakdowns available upon request.