Arriaga Brent Alexander 4

What Happened
Brent Alexander Arriaga, a director of Riley Exploration Permian, Inc. (REPX), sold 2,500 shares in an open-market sale on April 8, 2026 for a weighted average price of $38.94, totaling approximately $97,350. He was also granted 7,143 shares of time-based restricted common stock on May 15, 2026 (no cash outlay). The restricted shares vest on June 1, 2027 subject to continued service and other restrictions. The sale is a disposition (often routine) and the grant is a compensation award, not a market purchase.

Key Details

• Sale: 2,500 shares on 2026-04-08 at a weighted average price of $38.94; total proceeds ~$97,350. (Footnote: highest sale price $38.97, lowest $38.64; multiple trades aggregated into one line.)
• Award: 7,143 shares granted on 2026-05-15 at $0.00 (time‑based restricted stock under the 2021 LTIP; vests 6/1/2027, subject to continued service).
• Filing: Form 4 was filed on 2026-05-19 reporting both transactions. Because Form 4 must generally be filed within two business days of the transaction, these entries were reported more than two business days after the April 8 sale and after the May 15 grant.
• Restricted holdings noted in the filing: the filing references restricted-share amounts of 7,524 and 14,667 shares included in reported beneficial ownership (see filing footnotes).

Context

• Sales by directors can be routine (e.g., diversification or liquidity) and do not by themselves indicate company outlook; purchases are typically more informative for bullish signals.
• The 7,143-share award is a standard time‑based restricted stock grant that vests over time, aligning compensation with continued service rather than an immediate market bet.
• If you need the precise per-trade breakdown for the April 8 sale (number of shares sold at each price), the filer offers to provide that detail upon SEC/issuer/shareholder request (per footnote).