Riley Exploration (NASDAQ: REPX) reports 1M-share in-kind distribution
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
Riley Exploration Permian, Inc. (REPX) investors have updated ownership disclosures following an internal share distribution. Amendment No. 6 to the Schedule 13D reports that Riley Exploration Group, LLC (REXG) made pro rata in-kind distributions of 1,000,000 common shares to Yorktown-affiliated funds and other investors.
REXG now beneficially owns 715,219 shares, or 3.32% of the 21,567,428 shares outstanding as of March 2, 2026. Yorktown Energy Partners IX, L.P. and its related entities report beneficial ownership of 1,205,087 shares, or 5.59%, while Yorktown Energy Partners X, L.P. and related entities report 1,611,498 shares, or 7.47%.
Positive
- None.
Negative
- None.
Key Figures
Shares outstanding: 21,567,428 shares
In-kind distribution total: 1,000,000 shares
Distribution to Yorktown IX: 489,868 shares
+5 more
8 metrics
Shares outstanding
21,567,428 shares
Common stock outstanding as of March 2, 2026
In-kind distribution total
1,000,000 shares
Pro rata distribution from Riley Exploration Group, LLC
Distribution to Yorktown IX
489,868 shares
Common stock received in pro rata in-kind distribution
Distribution to Yorktown X
505,419 shares
Common stock received in pro rata in-kind distribution
Other investors distribution
4,713 shares
Common stock distributed to other investors
REXG beneficial ownership
715,219 shares (3.32%)
Riley Exploration Group, LLC stake in common stock
Yorktown IX beneficial ownership
1,205,087 shares (5.59%)
Yorktown IX and related entities’ stake
Yorktown X beneficial ownership
1,611,498 shares (7.47%)
Yorktown X and related entities’ stake
Key Terms
pro rata in-kind distributions, beneficially owns, pecuniary interest, Schedule 13D, +2 more
6 terms
pro rata in-kind distributions financial
"Pro rata in-kind distributions from Riley Exploration Group, LLC ("REXG") in the amount of 1,000,000 shares"
beneficially owns financial
"REXG beneficially owns 715,219 shares of Common Stock of the Issuer, representing 3.32%"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
pecuniary interest financial
"disclaims beneficial ownership of the securities owned by REXG in excess of its pecuniary interests therein"
Schedule 13D regulatory
"This Amendment No. 6 to (this "Amendment No. 6") amends the Statement on filed with the SEC on March 8, 2021"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Section 13(d) of the Exchange Act regulatory
"beneficial owner of the reported Common Stock for the purposes of Section 13(d) of the Exchange Act"
sole general partner financial
"Yorktown IX Company LP is the sole general partner of Yorktown IX"
FAQ
What does Riley Exploration Permian (REPX) disclose in Amendment No. 6 to its Schedule 13D?
Amendment No. 6 updates large shareholder ownership details after an internal share distribution. It describes how Riley Exploration Group, LLC and Yorktown-affiliated funds now hold Riley Exploration Permian common stock, including updated share counts and percentages based on 21,567,428 shares outstanding as of March 2, 2026.
What ownership stake does Riley Exploration Group, LLC now report in REPX?
Riley Exploration Group, LLC reports beneficial ownership of 715,219 Riley Exploration Permian common shares. This position represents 3.32% of the company’s 21,567,428 shares outstanding as of March 2, 2026, reflecting its stake after the described in-kind distributions to Yorktown funds and other investors.
How large is Yorktown X’s beneficial stake in Riley Exploration Permian (REPX)?
Yorktown Energy Partners X, L.P., together with Yorktown X Company LP and Yorktown X Associates LLC, reports beneficial ownership of 1,611,498 shares. This represents 7.47% of Riley Exploration Permian’s outstanding common stock, again based on 21,567,428 shares outstanding as of March 2, 2026, per the company’s Form 10-K.