Form 4: Riley Exploration CEO's Tax-Related Stock Disposition

Riley Exploration Permian CEO Bobby Riley disposed of 6,951 shares of common stock to satisfy tax liabilities incurred from restricted stock vesting.

Summary

• Bobby Riley, CEO and Director of Riley Exploration Permian, Inc. (REPX), reported a transaction involving the company's common stock.
• On September 27, 2025, Mr. Riley disposed of 6,951 shares of common stock at a price of $28.96 per share.
• This disposition was not a discretionary trade but rather a surrender of shares to satisfy withholding tax liability upon the vesting of restricted stock.
• The restricted stock was originally issued under the Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan.
• Following this transaction, Mr. Riley beneficially owns 392,685 shares of common stock, which includes 200,444 shares of restricted common stock subject to vesting and other restrictions.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction for tax withholding purposes related to the vesting of restricted stock, which is a standard part of executive compensation.

Positives

• The transaction indicates the vesting of restricted stock, which is a positive event for the executive as it represents compensation becoming exercisable or owned.

Negatives

• No specific negatives are identified as this was a non-discretionary transaction for tax purposes, not a sale initiated by the insider for personal reasons.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• The shares were surrendered to satisfy the withholding tax liability incurred upon the vesting of shares of restricted stock originally issued to the reporting person pursuant to the Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan and does not represent a discretionary trade by the reporting person.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide specific insights into broader industry trends or competitive landscape for the oil and gas exploration sector.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in management's confidence or a strategic shift.
• Employees: No direct impact on the broader employee base.

Key Dates

Keywords

Riley Exploration Permian, REPX, Bobby Riley, Insider Transaction, Form 4, Restricted Stock, Tax Withholding, CEO, Director, Equity Compensation