Form 4: Riley Exploration Permian Director Bryan H. Lawrence Reports Share Transactions
SEC Form 4 Filing
Director Bryan H. Lawrence reported the acquisition of 4,322 shares and the disposal of 287,627 shares of Riley Exploration Permian stock through pro rata distributions.
Summary
- Bryan H. Lawrence, a director at Riley Exploration Permian, reported transactions involving the company's common stock.
- These transactions occurred on December 4, 2024, and involved both the acquisition and disposal of shares.
- The acquisition of 4,322 shares was a pro rata distribution from Yorktown Energy Partners VIII, L.P., Yorktown VIII Company LP, and Yorktown VIII Associates LLC.
- The disposal of 287,627 shares was also a pro rata distribution, with the reporting person disclaiming beneficial ownership except for their pecuniary interest.
- The reporting person also has indirect beneficial ownership of 390,860 shares through Yorktown Energy Partners X, L.P., 1,784,113 shares through Yorktown Energy Partners XI, L.P., and 1,965,217 shares through Riley Exploration Group, LLC.
Sentiment
Score: 5
Explanation: The document is a neutral report of share transactions, with no indication of positive or negative sentiment.
Industry Context
This filing is a routine disclosure of share transactions by a company insider, which is a common occurrence in the oil and gas industry.
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 transactions reported are typical for directors who may receive shares through various partnerships and investment vehicles.
Stakeholder Impact
- The transactions reported in this filing may have a minor impact on shareholders, as they reflect changes in ownership by a director.
- The overall impact is likely to be minimal as the transactions are related to pro rata distributions.
Key Dates
| Date | Description |
|---|---|
| 12/04/2024 | Date of the reported share transactions. |
| 12/05/2024 | Date of signature on the Form 4 filing. |
Keywords
Riley Exploration Permian, REPX, Bryan H. Lawrence, Form 4, share transactions, beneficial ownership, pro rata distribution, Yorktown Energy Partners
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