SCHEDULE: Yorktown Partners Reduces Stake in Riley Exploration

Yorktown Energy Partners XI, L.P. completed a pro rata in-kind distribution of 500,000 shares of Riley Exploration Permian, Inc. common stock.

Summary

• Yorktown Energy Partners XI, L.P. (Yorktown XI) executed a pro rata in-kind distribution of 500,000 shares of Riley Exploration Permian, Inc. common stock on May 28, 2026.
• Following this distribution, the reporting persons maintain beneficial ownership of 1,284,113 shares.
• The remaining stake represents 5.92% of the total 21,695,947 shares of common stock outstanding as of May 4, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event; it is a routine administrative filing reflecting a change in ownership structure rather than a fundamental shift in the company's business prospects.

Positives

• The transaction is a standard pro rata in-kind distribution, which typically indicates a return of capital to partners rather than a negative outlook on the issuer's fundamentals.

Negatives

• The reduction in shareholding by a significant institutional investor may increase the supply of shares available in the market.

Risks

• Potential downward pressure on the share price due to the distribution of 500,000 shares to partners who may choose to sell their holdings.

Future Outlook

No specific forward-looking guidance regarding the issuer's operations was provided; the filing is limited to changes in beneficial ownership.

Industry Context

StockSavvy.ai notes that in-kind distributions by private equity or energy-focused investment firms are common lifecycle events for funds, often signaling the end of a holding period or a strategic rebalancing of portfolio assets rather than a commentary on the underlying company's performance.

Comparison to Industry Standards

• The disclosure follows standard SEC requirements for Schedule 13D amendments regarding changes in beneficial ownership.
• The reporting structure involving general partners and managing members is consistent with standard private equity governance models.

Stakeholder Impact

• Shareholders may experience short-term volatility as the distributed shares enter the market.

Next Steps

• Monitoring of future Form 4 or 13D filings to see if recipients of the in-kind distribution liquidate their positions.

Key Dates

Keywords

Riley Exploration Permian, REPX, Schedule 13D, Yorktown Partners, Institutional Ownership, Equity Distribution