Form 4: Riley Exploration CFO Sells Shares for Tax
Statement of Changes in Beneficial Ownership
Riley Exploration Permian's CFO, Philip A. Riley, disposed of 6,637 shares of common stock to cover tax liabilities from restricted stock vesting.
Summary
- Philip A. Riley, the Chief Financial Officer and Executive Vice President of Strategy for Riley Exploration Permian, Inc. (REPX), reported a transaction on September 27, 2025.
- Mr. Riley disposed of 6,637 shares of common stock at a price of $28.96 per share.
- This disposition was not a discretionary trade but was executed to satisfy the withholding tax liability incurred upon the vesting of restricted stock, originally issued under the Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan.
- Following this transaction, Mr. Riley beneficially owns 182,535 shares of common stock, which includes 109,647 shares of restricted common stock subject to future vesting and other restrictions.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary event for tax withholding upon restricted stock vesting, indicating neutral sentiment regarding company performance or executive confidence.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing.
Industry Context
This Form 4 filing details a routine insider transaction related to executive compensation and tax obligations, which does not provide insights into broader industry trends or competitive landscape.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to executive compensation.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 09/27/2025 | Date of transaction (disposition of shares to satisfy tax liability) |
| 09/29/2025 | Date the Form 4 was signed by the reporting person |
Keywords
Riley Exploration Permian, REPX, Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Philip A. Riley, CFO, Executive Compensation
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