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

Riley Exploration Permian's CIO & CCO, Corey Neil Riley, sold 3,500 shares of common stock for $27.4119 per share under a pre-arranged trading plan.

Summary

• Corey Neil Riley, the Chief Information Officer and Chief Compliance Officer (CIO & CCO) of Riley Exploration Permian, Inc. (REPX), reported the sale of 3,500 shares of common stock.
• The transaction occurred on February 12, 2026.
• The shares were sold at a weighted average price of $27.4119 per share, with individual sales ranging from $27.1950 to $27.80.
• The sale was executed pursuant to a Rule 10b5-1 trading plan previously adopted by Mr. Riley on July 12, 2025.
• Following this transaction, Mr. Riley beneficially owns 158,565 shares of common stock, which includes 84,189 shares of restricted common stock subject to vesting and other restrictions.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The sale was conducted under a Rule 10b5-1 plan, indicating it was pre-scheduled and not necessarily a reaction to new, undisclosed information, thus mitigating any potential negative sentiment from an insider sale.

Negatives

• Corey Neil Riley, CIO & CCO, sold 3,500 shares of common stock, reducing his direct ownership in the company.

Future Outlook

N/A

Industry Context

StockSavvy.ai notes that insider sales, even when conducted under a Rule 10b5-1 plan, are a routine occurrence for executives managing personal finances or diversifying their investment portfolios. In the context of the oil and gas industry, such transactions are typically viewed as less indicative of company-specific operational issues and more as personal financial planning, especially when pre-scheduled.

Stakeholder Impact

• Shareholders: The sale by a key executive slightly reduces insider ownership, but the pre-arranged nature of the 10b5-1 plan generally lessens its perceived impact as a negative signal.

Key Dates

Recommendation

The sale by Corey Neil Riley, CIO & CCO, was executed under a pre-arranged Rule 10b5-1 trading plan, which suggests the transaction is for personal financial planning rather than a reflection of new company-specific information. While it reduces insider ownership, the pre-scheduled nature typically lessens its impact as a negative signal. Therefore, a 'hold' recommendation is appropriate, maintaining current positions while monitoring future company performance and broader market trends.

Keywords

Riley Exploration Permian, REPX, Insider Trading, Form 4, Stock Sale, Corey Neil Riley, 10b5-1 Plan, Oil and Gas