Riley Exploration Permian Inc.

05/19/2026 | Press release | Distributed by Public on 05/19/2026 09:10

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden hours per response... 0.5
(Print or Type Responses)
1. Name and Address of Reporting Person *
SUTER JOHN PATRICK
2. Issuer Name and Ticker or Trading Symbol
Riley Exploration Permian, Inc. [REPX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Operating Officer
(Last) (First) (Middle)
C/O RILEY EXPLORATION PERMIAN, INC., 29 E. RENO, SUITE 500
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
(Street)
OKLAHOMA CITY, OK 73104
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001 per share 05/15/2026 A 31,619(1) A $ 0 102,377(2) D
Common Stock, par value $0.001 per share 05/15/2026 A 34,050(3) A $ 0 136,427(4) D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SUTER JOHN PATRICK
C/O RILEY EXPLORATION PERMIAN, INC.
29 E. RENO, SUITE 500
OKLAHOMA CITY, OK 73104
Chief Operating Officer

Signatures

/s/ John Suter 05/19/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents shares of time-based restricted stock granted under the Issuer's Riley Exploration Permian, Inc. Second Amended and Restated 2021 Long Term Incentive Plan. Subject to certain forfeiture and accelerated vesting provisions, the shares vest in three equal annual installments on April 1, 2027, April 1, 2028, and April 1, 2029.
(2) This amount includes 91,143 shares of restricted common stock subject to vesting and certain other restrictions.
(3) Represents the maximum payout opportunity under a performance-based restricted stock award (the "Award"), equal to 200% of the target award, granted under Issuer's Riley Exploration Permian, Inc. Second Amended and Restated 2021 Long Term Incentive Plan. Subject to continued service and the achievement of specified performance criteria, the Award cliff vests on April 1, 2029 based on the Issuer's relative total shareholder return performance as compared to the Issuer's peer group during the performance period beginning January 1, 2026 and ending December 31, 2028. The number of shares earned may range from 0% to 200% of the target award based on achievement of the applicable performance metrics.
(4) This amount includes 125,193 shares of restricted common stock subject to vesting and certain other restrictions.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Riley Exploration Permian Inc. published this content on May 19, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on May 19, 2026 at 15:10 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]