Riley Exploration Group, LLC sold REPX
April 8, 2024 · Form 4 insider transaction
Riley Exploration Group, LLC sold 200,000 shares of Riley Exploration Permian, Inc. at $25.52 per share, a transaction worth $5.10M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
The reported securities were sold in an underwritten public offering (the "Secondary Offering"). This reported price represents a public offering price of $27.00 per share of Common Stock of the Issuer, less an underwriting discount of $1.485 per share for shares sold in the Secondary Offering.; Shares owned directly by Riley Exploration Group, LLC ("REG"). Yorktown Energy Partners IX, L.P. ("Yorktown IX") and Yorktown Energy Partners X, L.P. ("Yorktown X") are members who together control REG. Yorktown IX Associates LLC is the sole general partner of Yorktown IX Company LP, the sole general partner of Yorktown IX. Yorktown X Associates LLC is the sole general partner of Yorktown X Company LP, the sole general partner of Yorktown X.