Corey Neil Riley, Chief Investment Officer and Chief Compliance Officer of Riley Exploration Permian, Inc. (NYSE:REPX), filed a Form 4 on August 12, 2026, disclosing two open-market sales of common stock executed on August 10, 2026, under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • First sale: 40 shares of common stock were disposed of at $34.40 per share on August 10, 2026.
  • Second sale: 3,460 shares were sold at a weighted average price of $35.2107 per share, in multiple transactions ranging from $34.6850 to $35.6550, on the same date.
  • Beneficial ownership after transactions: The reporting person held 210,062 shares of common stock following both disposals, reported as directly owned.
  • Restricted shares included: According to the filing, 133,791 of the shares in the post-transaction total are restricted common stock subject to vesting and certain other restrictions.
  • 10b5-1 plan: Both sales were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 12, 2025.
  • Role: The reporting person is identified as an officer with the title CIO and CCO of Riley Exploration Permian, Inc.

Riley Exploration Permian CIO Disposes of 3,500 Shares in Two Transactions

According to the Form 4 filed August 12, 2026, Corey Neil Riley, serving as CIO and CCO of Riley Exploration Permian, Inc. (NYSE:REPX), reported two disposals of common stock, par value $0.001 per share, both occurring on August 10, 2026. The first transaction involved 40 shares sold at $34.40. The second involved 3,460 shares sold at a weighted average price of $35.2107, with individual transaction prices ranging from $34.6850 to $35.6550, inclusive, executed through a broker-dealer in multiple same-day transactions reported on a single line.

The filing notes that both sales were executed under a Rule 10b5-1 trading plan that Riley adopted on July 12, 2025. The filing also indicates that the reporting person undertakes to provide, upon request by the SEC staff, the issuer, or a security holder, full information regarding the number of shares sold at each separate price within the stated range for the second transaction.

Following both reported transactions, the filing lists the reporting person's directly held beneficial ownership as 213,522 shares after the first sale and 210,062 shares after the second. The filing discloses that 133,791 of the shares included in the post-transaction total are restricted common stock subject to vesting and certain other restrictions. No derivative securities transactions were reported in this filing.

What Was Disclosed

The filing disclosed two open-market sales totaling 3,500 shares by Riley Exploration Permian's CIO and CCO on August 10, 2026, both conducted under a pre-adopted Rule 10b5-1 plan, leaving the officer with 210,062 directly held shares, including 133,791 restricted shares.