Form 4: Riley Exploration Permian Executive Acquires 15,112 Shares of Restricted Stock

Beth A. di Santo, Secretary & General Counsel of Riley Exploration Permian, Inc., acquired 15,112 shares of restricted stock on April 11, 2025, under the company's long-term incentive plan.

Summary

• On April 11, 2025, Beth A. di Santo, Secretary & General Counsel of Riley Exploration Permian, Inc., acquired 15,112 shares of restricted stock.
• The acquisition was made under the Issuer's Amended and Restated Riley Exploration Permian, Inc. 2021 Long Term Incentive Plan.
• The shares were granted pursuant to an engagement letter with an effective date of January 1, 2025.
• The restricted stock vests on January 1, 2026.
• Following the transaction, di Santo beneficially owns 48,612 shares of common stock, including the 15,112 shares of restricted common stock subject to vesting and other restrictions.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to executive compensation. The acquisition of restricted stock is generally viewed as a positive sign, aligning the executive's interests with the company's long-term success, but it's not a major event.

Positives

• The acquisition of restricted stock aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the executive.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an award of restricted stock, a common practice in the oil and gas industry to incentivize executives.

Stakeholder Impact

• The acquisition of restricted stock by a key executive could be viewed positively by shareholders as it aligns management's interests with the company's performance.

Key Dates

Keywords

Riley Exploration Permian, REPX, restricted stock, beneficial ownership, Form 4, insider trading, Beth A. di Santo, Long Term Incentive Plan