Form 4: Riley Exploration Permian CIO Sells Shares Under 10b5-1 Trading Plan

Corey Neil Riley, CIO & CCO of Riley Exploration Permian, Inc., sold shares of common stock under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Corey Neil Riley, the CIO & CCO of Riley Exploration Permian, Inc. (REPX), reported the sale of common stock on May 9, 2025.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 13, 2024.
• A total of 3,500 shares were sold in two transactions at weighted average prices of $26.20 and $26.77.
• Following the reported transactions, Riley directly owns 180,200 shares of common stock, which includes 114,601 shares of restricted common stock subject to vesting and other restrictions.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine transaction under a pre-arranged trading plan. There is no indication of positive or negative implications for the company.

Industry Context

This filing is a routine disclosure of insider trading activity. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on current market information.

Stakeholder Impact

• The stock sale by a company officer could have a minor negative impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Riley Exploration Permian, REPX, Corey Neil Riley, Form 4, Insider Trading, Rule 10b5-1, Stock Sale, CIO, CCO