Bluescape Energy Recapitalization & Restructuring Fund III LP 4
4 · Riley Exploration Permian, Inc. · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Riley Exploration (REPX) 10% Owner Bluescape Sells 231,234 Shares
What Happened
- Bluescape Riley Exploration Holdings LLC, a reported 10% owner of Riley Exploration Permian, Inc. (REPX), sold a total of 231,234 REPX shares across three transactions between Feb 2 and Feb 4, 2026, for aggregate proceeds of approximately $6,571,913. The sales were reported as open-market or private sales (code S).
- Breakdown: Feb 2 — 8,806 shares at a weighted avg $28.07 (proceeds $247,144); Feb 3 — 73,528 shares at a weighted avg $28.18 (proceeds $2,071,813); Feb 4 — 148,900 shares at a weighted avg $28.56 (proceeds $4,252,956). These are disposals (sales), which are routine liquidity events rather than purchases that might signal bullish insider conviction.
Key Details
- Transaction dates and prices/ranges:
- Feb 2, 2026: 8,806 shares; reported weighted avg $28.07; individual trade prices ranged $28.05–$28.17 (F1).
- Feb 3, 2026: 73,528 shares; reported weighted avg $28.18; individual trade prices ranged $28.05–$28.355 (F2).
- Feb 4, 2026: 148,900 shares; reported weighted avg $28.56; individual trade prices ranged $28.20–$28.85 (F3).
- Shares held after transaction: the filing identifies the securities as held directly by Bluescape Riley Holdings (F4). The exact post-sale share count is not provided in the summary data supplied here.
- Ownership chain: Bluescape Energy Recapitalization and Restructuring Fund III LP owns ~90.06% of Bluescape Riley Holdings; multiple Bluescape entities and Mr. C. John Wilder, Jr. are in the control chain (F5–F6).
- Beneficial ownership disclaimer: reporting persons (other than Bluescape Riley Holdings) disclaim beneficial ownership except for pecuniary interest (F7).
- Filing/timeliness: Form 4 was filed Feb 4, 2026 (period of report includes Feb 2); this appears to be a timely report of the Feb 2–4 transactions based on the dates shown. No 10b5-1 plan or tax-withholding notes were disclosed in the provided footnotes.
Context
- This is institutional selling by a 10% owner, not an individual exec purchase. Sales by large holders can reflect portfolio rebalancing or liquidity needs and are not direct indicators of company performance.
- For retail investors: purchases can be more informative as a bullish signal; routine or large institutional sales like these should be interpreted with caution and in context of other filings and company fundamentals.
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock
[F1][F4][F5][F6][F7]2026-02-02$28.07/sh−8,806$247,144→ 3,673,550 total - Sale
Common Stock
[F2][F4][F5][F6][F7]2026-02-03$28.18/sh−73,528$2,071,813→ 3,600,022 total - Sale
Common Stock
[F3][F4][F5][F6][F7]2026-02-04$28.56/sh−148,900$4,252,956→ 3,451,122 total
Footnotes (7)
- [F1]The February 2nd price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.05 to $28.17, inclusive. The reporting persons undertake to provide to Riley Exploration Permian, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1), (2) and (3) to this Form 4.
- [F2]The February 3rd price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.05 to $28.355, inclusive.
- [F3]The February 4th price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.20 to $28.85, inclusive.
- [F4]The reported securities are held directly by Bluescape Riley Exploration Holdings LLC ("Bluescape Riley Holdings").
- [F5]Bluescape Energy Recapitalization and Restructuring Fund III LP owns 90.06% of the membership interests of Bluescape Riley Holdings.
- [F6]Bluescape Energy Partners III GP LLC is the general partner of Bluescape Energy Recapitalization and Restructuring Fund III LP. Bluescape Resources GP Holdings LLC owns 100% of the membership interests of Bluescape Energy Partners III GP LLC. Bluescape Resources Company LLC ("Bluescape Resources") owns 100% of the membership interests of Bluescape Resources GP Holdings LLC. Mr. C. John Wilder, Jr. has the power to direct the affairs of Bluescape Resources as its Executive Chairman.
- [F7]Each reporting person, with the exception of Bluescape Riley Holdings, states that neither the filing of this statement nor anything herein shall be deemed an admission that it is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of these securities. Each reporting person, including Bluescape Riley Holdings, disclaims beneficial ownership of these securities, except to the extent of such reporting person's pecuniary interest in such securities.