Form 4: Riley Exploration CFO's Tax-Related Stock Sale

Philip A. Riley, CFO of Riley Exploration Permian, Inc., reported a non-discretionary disposition of 6,654 common shares to cover tax liabilities from restricted stock vesting.

Summary

• Philip A. Riley, Chief Financial Officer and Executive Vice President of Strategy for Riley Exploration Permian, Inc. (REPX), reported a transaction.
• On October 1, 2025, Mr. Riley disposed of 6,654 shares of common stock, par value $0.001 per share, at a price of $27.11 per share.
• This disposition was not a discretionary trade but rather shares surrendered to satisfy the withholding tax liability incurred upon the vesting of restricted stock.
• The restricted stock was originally issued to Mr. Riley pursuant to the Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan.
• Following this transaction, Mr. Riley beneficially owns 175,881 shares of common stock directly, which includes 94,644 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, which does not reflect positively or negatively on the company's operational or financial performance.

Future Outlook

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

Industry Context

This filing details a routine, non-discretionary insider transaction related to equity compensation and tax obligations, which is common across all industries for executives receiving restricted stock units. It does not provide insights into broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary tax-related sale and does not signal a change in management's confidence or company fundamentals.
• Employees: No direct impact mentioned.

Key Dates

Recommendation

This Form 4 filing reports a non-discretionary sale of shares by the CFO to cover tax liabilities associated with restricted stock vesting. Such transactions are routine and do not provide new information regarding the company's operational performance, financial health, or strategic direction. Therefore, it does not warrant a change in investment thesis, and a 'hold' recommendation is appropriate based solely on this filing.

Keywords

Riley Exploration Permian, REPX, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock, CFO