Form 4: REPX CEO Bobby Riley Sells 12,500 Shares Under 10b5-1 Plan

Riley Exploration Permian CEO Bobby Riley disclosed the sale of 12,500 shares of common stock on February 10, 2026, executed under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Bobby Riley, CEO and Director of Riley Exploration Permian, Inc. (REPX), sold a total of 12,500 shares of common stock on February 10, 2026.
• The sales were executed pursuant to a Rule 10b5-1 trading plan adopted on June 29, 2025.
• One block of 12,185 shares was sold at a weighted average price of $27.7678 per share, with prices ranging from $27.5100 to $28.4250.
• A second block of 315 shares was sold at a weighted average price of $28.6153 per share, with prices ranging from $28.53 to $28.65.
• Following these transactions, Bobby Riley beneficially owns 336,931 shares of common stock, which includes 182,353 shares of restricted common stock subject to vesting and certain other restrictions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale is a routine transaction under a pre-established 10b5-1 plan, which typically minimizes negative market interpretation compared to an unplanned insider sale.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned, non-discretionary transaction rather than an immediate reaction to new, undisclosed information.

Negatives

• An insider sale, even under a 10b5-1 plan, reduces the CEO's direct equity stake in the company, which some investors might interpret as a slight reduction in alignment of interests.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales under Rule 10b5-1 plans are common among executives in the energy sector and other industries, often used for personal financial planning and diversification without implying a negative outlook on the company's future performance.

Stakeholder Impact

• Shareholders: May view the sale neutrally due to the 10b5-1 plan, or slightly negatively as it reduces insider ownership.
• Employees: No direct impact mentioned.

Key Dates

Recommendation

The insider sale by CEO Bobby Riley was conducted under a pre-arranged 10b5-1 trading plan, which suggests it is part of a routine personal financial management strategy rather than a signal of deteriorating company fundamentals. While a reduction in insider ownership can sometimes be a concern, the planned nature of this transaction mitigates immediate negative implications. Investors should hold and continue to monitor company performance and broader market conditions for REPX.

Keywords

Riley Exploration Permian, REPX, Bobby Riley, Insider Sale, Form 4, 10b5-1 Plan, CEO, Director, Common Stock, Equity Transaction