Bluescape Energy Recapitalization & Restructuring Fund III LP 4
Research Summary
AI-generated summary
Riley Exploration (REPX) 10% Owner Bluescape Sells 90,449 Shares
What Happened
- Bluescape Riley Exploration Holdings LLC, reported as a 10% owner of Riley Exploration Permian, Inc. (REPX), sold a total of 90,449 shares in open-market transactions.
- On 2026-02-19 it disposed of 35,302 shares for aggregate proceeds of $1,005,574 (weighted average price $28.48; individual trades ranged $28.19–$28.85). On 2026-02-20 it disposed of 55,147 shares for $1,562,055 (weighted average price $28.33; trades ranged $28.15–$28.59). Total proceeds ≈ $2,567,629. This was a sale (not a purchase).
Key Details
- Transaction dates & pricing:
- 2026-02-19 — 35,302 shares sold; weighted avg $28.48 (range $28.19–$28.85) (Footnote F1).
- 2026-02-20 — 55,147 shares sold; weighted avg $28.33 (range $28.15–$28.59) (Footnote F2).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Securities are held directly by Bluescape Riley Exploration Holdings LLC (F3).
- Ownership chain: Bluescape Energy Recapitalization and Restructuring Fund III LP owns 90.06% of Bluescape Riley Holdings; a series of entities ultimately point to Bluescape Resources and Mr. C. John Wilder, Jr. as Executive Chairman (F4–F5).
- Beneficial ownership disclaimer: reporting persons (other than Bluescape Riley Holdings) disclaim beneficial ownership except for pecuniary interest (F6).
- Filing: Form 4 filed 2026-02-20 reporting transactions on 2026-02-19 and 2026-02-20 — no late filing indicated.
Context
- This filing reflects sales by a significant institutional holder (10% owner), not a company officer executing compensation-related transactions. Institutional sales can reflect portfolio rebalancing or liquidity needs and do not necessarily indicate management sentiment about the company.
- Trades were executed in multiple open-market transactions at weighted-average prices; footnotes say the filer can provide per-trade breakdowns on request.