Bluescape Energy Recapitalization & Restructuring Fund III LP 4
Research Summary
AI-generated summary
Riley Exploration (REPX) 10% Owner Sells 150,400 Shares
What Happened Bluescape Riley Exploration Holdings LLC, identified as a 10% owner of Riley Exploration Permian, Inc. (REPX), sold a total of 150,400 REPX shares across three days (Jan 28–30, 2026). The disposals were: 57,012 shares at a weighted-average price of $27.73 (≈ $1,581,148), 90,000 shares at a weighted-average price of $28.31 (≈ $2,547,819), and 3,388 shares at a weighted-average price of $28.10 (≈ $95,218), for total proceeds of about $4.22 million. These were sales (not purchases), which are typically routine disposition transactions for a large holder and do not by themselves indicate management sentiment.
Key Details
- Transaction dates and reported prices:
- 2026-01-28: 57,012 shares @ weighted avg $27.73 (sales ranged $27.55–$28.20; per footnote F1)
- 2026-01-29: 90,000 shares @ weighted avg $28.31 (sales ranged $28.08–$28.72; F2)
- 2026-01-30: 3,388 shares @ weighted avg $28.10 (sales ranged $28.05–$28.35; F3)
- Total shares sold: 150,400; total reported proceeds ≈ $4,224,185.
- Shares held after transaction: not specified in the provided summary. The reported securities are held directly by Bluescape Riley Holdings (F4).
- Ownership/structure notes: Bluescape Riley Holdings is 90.06% owned by Bluescape Energy Recapitalization and Restructuring Fund III LP; a chain of Bluescape entities and an executive (C. John Wilder, Jr.) are noted in F5–F6. Reporting persons disclaim beneficial ownership except for pecuniary interest (F7).
- Filing timeliness: Form filed Jan 30, 2026 for transactions through Jan 30; this appears within the standard two-business-day Form 4 reporting window (no late filing flag indicated).
Context
- This filing reports sales by a large institutional/affiliate holder (a 10% owner), not an individual executive’s personal trade. Institutional sales can reflect portfolio management or liquidity needs rather than company-specific views.
- Footnotes clarify weighted-average pricing and price ranges across multiple trades and provide the ownership chain and disclaimers; the reporting entity offers to provide transaction-level price details upon request.