Form 4: Riley Exploration Permian CIO & CCO Reports Stock Transaction
SEC Form 4 Filing
Corey Neil Riley, CIO & CCO of Riley Exploration Permian, Inc., reports the surrender of 1,537 shares to cover withholding tax liability and discloses beneficial ownership of 183,700 shares.
Summary
- On April 1, 2025, Corey Neil Riley, the CIO & CCO of Riley Exploration Permian, Inc. (REPX), reported a transaction involving the company's common stock.
- Riley surrendered 1,537 shares to satisfy withholding tax obligations related to the vesting of restricted stock.
- The price per share for this transaction was $29.17.
- Following the transaction, Riley beneficially owns 183,700 shares of Riley Exploration Permian, Inc.
- This total includes 114,601 shares of restricted common stock that are subject to vesting and other restrictions.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a standard practice for executives to surrender shares to cover tax obligations when restricted stock vests.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of an executive's stock holdings.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock transaction (surrender of shares for tax liability). |
| 04/03/2025 | Date of signature on the Form 4 filing. |
Keywords
Riley Exploration Permian, REPX, Corey Neil Riley, Form 4, Beneficial Ownership, Stock Transaction, Restricted Stock, Withholding Tax
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