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

Riley Exploration Permian's CIO & CCO, Corey Neil Riley, sold 3,500 shares of common stock for approximately $26.42 per share under a pre-arranged trading plan.

Summary

• Corey Neil Riley, Chief Information Officer and Chief Compliance Officer of Riley Exploration Permian, Inc. (REPX), sold 3,500 shares of the company's common stock.
• The transaction occurred on August 8, 2025, at a weighted average sale price of $26.4179 per share.
• Individual sale prices ranged from a low of $26.25 to a high of $26.80.
• The sale was executed pursuant to a Rule 10b5-1 trading plan, which was previously adopted by Mr. Riley on November 13, 2024.
• Following this transaction, Mr. Riley beneficially owns 176,700 shares of common stock, which includes 114,601 shares of restricted common stock subject to vesting and other restrictions.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While it's an insider sale, the execution under a Rule 10b5-1 plan suggests it's a pre-planned liquidity event rather than a signal of negative company outlook. However, any reduction in insider ownership can be viewed with slight caution.

Positives

• The sale was conducted under a Rule 10b5-1 trading plan, indicating it was pre-scheduled and not based on new, non-public information, which can mitigate concerns about insider sentiment.

Negatives

• The transaction represents a reduction in direct insider ownership, which can sometimes be perceived negatively by the market.

Future Outlook

NA

Industry Context

This filing is a routine insider transaction report and does not provide broader industry context or trends. It reflects an individual's pre-planned stock sale within the oil and gas sector.

Related Party Transactions

• Sale of 3,500 shares of common stock by Corey Neil Riley, CIO & CCO, to the open market.

Stakeholder Impact

• Shareholders: May interpret the insider sale as a minor signal, though mitigated by the 10b5-1 plan, potentially influencing short-term sentiment.

Key Dates

Recommendation

The sale by a company officer, while a reduction in insider ownership, was conducted under a pre-arranged 10b5-1 plan. This suggests the transaction is for personal financial planning rather than a reflection of new, negative company-specific information. Therefore, it does not provide a strong signal for a 'buy' or 'sell' recommendation, warranting a 'hold' position for existing investors.

Keywords

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