Form 4: REPX CIO Sells Shares Under 10b5-1 Plan

Riley Exploration Permian's CIO & CCO, Corey Neil Riley, sold 3,500 shares of common stock for approximately $24.87 per share under a pre-arranged trading plan.

Summary

• Corey Neil Riley, the Chief Information Officer and Chief Compliance Officer of Riley Exploration Permian, Inc. (REPX), reported the sale of 3,500 shares of the company's common stock.
• The transaction occurred on November 7, 2025, with shares sold at a weighted average price of $24.8669.
• The sale was executed pursuant to a Rule 10b5-1 trading plan, which was previously adopted by Mr. Riley on November 13, 2024.
• The highest price at which shares were sold was $25.09, and the lowest was $24.21, with multiple transactions occurring within a one-dollar price range.
• Following this transaction, Mr. Riley beneficially owns 162,065 shares of common stock, which includes 84,189 shares of restricted common stock subject to vesting and other restrictions.

Sentiment

Score: 5

Explanation: The sale of shares by an officer is generally viewed neutrally to slightly negatively. However, the execution under a pre-arranged Rule 10b5-1 plan mitigates potential negative interpretations by indicating a planned, rather than reactive, transaction.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, which indicates a planned transaction rather than a reaction to immediate company news, enhancing transparency and reducing the perception of opportunistic trading.

Negatives

• An officer of the company sold a portion of their common stock holdings, which can sometimes be interpreted by investors as a lack of confidence, although the 10b5-1 plan mitigates this.

Risks

• No specific risks beyond the general perception of insider selling are detailed in this filing.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: May interpret the insider sale as a signal, though the 10b5-1 plan suggests it is not based on new, non-public information, potentially reducing negative sentiment.

Next Steps

• NA

Key Dates

Keywords

Riley Exploration Permian, REPX, Insider Trading, Form 4, Corey Neil Riley, Stock Sale, 10b5-1 Plan, Officer Transaction