Form 4: Riley Exploration Permian CFO Donates 400 Shares of Common Stock

Philip A. Riley, CFO of Riley Exploration Permian, donated 400 shares of common stock to a non-profit organization on December 9, 2024.

Summary

• Philip A. Riley, the CFO and EVP of Strategy at Riley Exploration Permian, donated 400 shares of common stock to a non-profit organization on December 9, 2024.
• The transaction was a gift, and no value was received by Mr. Riley for the shares.
• Following the transaction, Mr. Riley beneficially owns 123,839 shares of common stock, which includes 65,294 shares of restricted stock subject to vesting and other restrictions.

Sentiment

Score: 7

Explanation: The document is a neutral report of a stock donation, which is a common occurrence. There is no positive or negative sentiment associated with the transaction itself.

Industry Context

This is a routine Form 4 filing related to an insider transaction, specifically a donation of shares. Such filings are common and provide transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, and this filing is consistent with those requirements.
• The donation of shares by an executive is not unusual, and the reporting is in line with SEC regulations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a donation of a small number of shares by an executive.

Key Dates

Keywords

Riley Exploration Permian, REPX, Philip A. Riley, CFO, stock donation, charitable gift, insider transaction, Form 4