Riley Exploration Permian, Inc.·4

Feb 19, 4:01 PM ET

Lawrence Bryan H. 4

Research Summary

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Riley Exploration (REPX) Director Lawrence Bryan Contributes 250,000 Shares

What Happened

  • Lawrence Bryan, a director of Riley Exploration Permian, Inc. (REPX), reported a non‑cash disposition on 2025-11-21: he contributed 250,000 shares of REPX common stock in exchange for 870,000 Class B Units of Combo Resources, LLC. The Form 4 reports this as an “Other acquisition or disposition” (transaction code J). No cash price or dollar value per share is provided (N/A).

Key Details

  • Transaction date: 2025-11-21 (reported on Form 4 filed 2026-02-19).
  • Transaction code: J (Other acquisition or disposition).
  • Shares transferred: 250,000 REPX shares; consideration received: 870,000 Class B Units of Combo Resources, LLC.
  • Price / total dollar value: Not reported (N/A).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Notable footnotes:
    • F1: Confirms the 250,000‑share contribution for 870,000 Class B Units.
    • F2: Reporting person disclaims beneficial ownership except to the extent of pecuniary interest.
    • F3–F5: Describes indirect ownership of REPX shares through Riley Exploration Group, LLC and several Yorktown Energy Partners entities and the reporting person’s managerial/member roles in those entities.
  • Filing timeliness: The Form 4 was filed on Feb 19, 2026 for a Nov 21, 2025 transaction — later than the usual Section 16 requirement to file within two business days of the transaction.

Context

  • This was a non‑cash transfer (contribution/exchange) rather than an open‑market sale or purchase; such transactions are often for corporate/organizational structuring or partnership purposes and should not be interpreted as a straightforward buy or sell signal. The reporting person also includes the standard disclaimer of beneficial ownership and reports indirect holdings via investment entities.