Riley Bobby 4

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.