Riley Bobby, CEO of an undisclosed company, has demonstrated a consistent pattern of selling shares in REPX (Riley Exploration Permian, Inc.), with no recorded purchases across 29 reported transactions totaling $6.29 million in sales. The activity is heavily concentrated in REPX, with no trades in other companies disclosed. Recent filings show an acceleration in selling, with 21 sales since mid-2024, including two transactions on February 10, 2026, valued at $9,013.82 and $338,350.64. Prior to that, Bobby executed a $518,220 sale on December 19, 2025, and a $313,093.75 transaction on November 10, 2025. The largest single sale occurred on August 16, 2024, at $546,166.99, followed by a $420,000 transaction on July 11, 2024.
The transactions vary in size, ranging from smaller dispositions like $3,458.88 on November 26, 2024, to six-figure sales such as $390,076.50 on August 11, 2025, and $418,782 on May 12, 2025. Notably, Bobby’s only non-sale filings were two awards (coded "A") on March 24, 2025, with no reported value. The absence of any buy transactions suggests a sustained divestment strategy rather than accumulation. While the reasons for the sales are undisclosed, the pattern indicates a prolonged reduction in REPX holdings over nearly two years, with no indication of rebalancing or diversification into other securities. The frequency and consistency of these sales, particularly in 2025 and early 2026, underscore a clear directional bias toward liquidation.
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