Riley Bobby 4
4 · Riley Exploration Permian, Inc. · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Riley Exploration (REPX) CEO Riley Bobby Sells Shares
What Happened
Riley Bobby, CEO and director of Riley Exploration Permian, Inc. (REPX), sold a total of 12,500 shares in open-market transactions on February 10, 2026 for aggregate proceeds of about $347,365. The sales were: 12,185 shares at a weighted average price of $27.77 (proceeds ~$338,351) and 315 shares at a weighted average price of $28.62 (proceeds ~$9,014). These were sales (routine disposition) rather than purchases.
Key Details
- Transaction date: February 10, 2026; Form 4 filed February 11, 2026 (timely).
- Sales: 12,185 shares @ $27.77 (F2: price range $27.5100–$28.4250) and 315 shares @ $28.62 (F4: price range $28.53–$28.65).
- Total shares sold: 12,500; total proceeds ≈ $347,365.
- Footnote F1: Sales were made pursuant to a Rule 10b5-1 trading plan adopted June 29, 2025.
- Footnote F3: The filing notes beneficial ownership includes 182,353 restricted shares subject to vesting and other restrictions.
- Filing status: Not marked late; submitted one day after the trades (within typical reporting window).
Context
This was an open-market sale executed under a pre-established 10b5-1 plan, which is commonly used to schedule insider sales and can indicate routine liquidity planning rather than a discretionary market-timing decision. Sales are generally less informative about insider sentiment than purchases; no options exercises, awards, or gifts were reported in this filing.
Insider Transaction Report
- Sale
Common Stock, par value $0.001 per share
[F1][F2][F3]2026-02-10$27.77/sh−12,185$338,351→ 337,246 total - Sale
Common Stock, par value $0.001 per share
[F1][F4][F3]2026-02-10$28.62/sh−315$9,014→ 336,931 total
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person, dated June 29, 2025.
- [F2]Reflects the weighted average sale price. The highest price at which shares were sold was $28.4250 and the lowest price at which shares were sold was $27.5100. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price
- [F3]This amount includes 182,353 shares of restricted common stock subject to vesting and certain other restrictions.
- [F4]Reflects the weighted average sale price. The highest price at which shares were sold was $28.65 and the lowest price at which shares were sold was $28.53. Open market sale transactions were made on the same day at different prices through a trade order executed by a broker-dealer. The reporting person has reported on a single line all such transactions that occurred within a one dollar price range. The reporting person hereby undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer or a shareholder of the issuer, full information regarding the number of shares sold at each separate price.