Bluescape Energy Recapitalization & Restructuring Fund III LP 4
4 · Riley Exploration Permian, Inc. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Riley Exploration (REPX) 10% Owner Sells 882,346 Shares
What Happened
Bluescape Riley Exploration Holdings LLC, reported as a 10% owner of Riley Exploration Permian, Inc. (REPX), sold a total of 882,346 REPX shares in two open-market dispositions. On March 5, 2026 it sold 391,913 shares at a weighted-average price of $31.76 (proceeds $12,445,276). On March 6, 2026 it sold 490,433 shares at a weighted-average price of $32.80 (proceeds $16,084,584). Combined proceeds were approximately $28.53 million. These were sales (S), not purchases.
Key Details
- Transaction dates and reported prices:
- 2026-03-05: 391,913 shares disposed; weighted-average $31.76 (individual trades ranged $29.68–$32.80). (Footnote F1)
- 2026-03-06: 490,433 shares disposed; weighted-average $32.80 (individual trades ranged $32.05–$33.395). (Footnote F2)
- Total shares sold: 882,346; total proceeds ≈ $28,529,860.
- Securities are held directly by Bluescape Riley Exploration Holdings LLC. (F3)
- Ownership/control structure: Bluescape Energy Recapitalization and Restructuring Fund III LP owns ~90.06% of Bluescape Riley Holdings; multiple Bluescape entities sit above that and C. John Wilder, Jr. is identified as Executive Chairman with power to direct affairs of the top parent entity. (F4–F5)
- Beneficial ownership disclaimer: Reporting persons (other than Bluescape Riley Holdings) disclaim beneficial ownership except for pecuniary interest. (F6)
- Filing: Form filed 2026-03-06 reporting transactions on Mar 5–6, 2026. The filing does not indicate a 10b5-1 plan, tax withholding, or that it was late in this excerpt.
Context
- This filing reports institutional/10% owner sales, not an individual executive purchase — such institutional dispositions can reflect portfolio management rather than a personal view on the company. Sales are common and do not by themselves indicate management-level sentiment.
- Footnotes clarify the reported prices are weighted averages across multiple trades and provide price ranges; the filer offers to provide per-trade breakdowns upon request.
Insider Transaction Report
Form 4
Transactions
- Sale
Common Stock
[F1][F3][F4][F5][F6]2026-03-05$31.76/sh−391,913$12,445,276→ 2,559,053 total - Sale
Common Stock
[F2][F3][F4][F5][F6]2026-03-06$32.80/sh−490,433$16,084,584→ 2,068,620 total
Footnotes (6)
- [F1]The March 5th price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.68 to $32.80, inclusive. The reporting persons undertake to provide to Riley Exploration Permian, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
- [F2]The March 6th price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.05 to $33.395, inclusive.
- [F3]The reported securities are held directly by Bluescape Riley Exploration Holdings LLC ("Bluescape Riley Holdings").
- [F4]Bluescape Energy Recapitalization and Restructuring Fund III LP owns 90.06% of the membership interests of Bluescape Riley Holdings.
- [F5]Bluescape Energy Partners III GP LLC is the general partner of Bluescape Energy Recapitalization and Restructuring Fund III LP. Bluescape Resources GP Holdings LLC owns 100% of the membership interests of Bluescape Energy Partners III GP LLC. Bluescape Resources Company LLC ("Bluescape Resources") owns 100% of the membership interests of Bluescape Resources GP Holdings LLC. Mr. C. John Wilder, Jr. has the power to direct the affairs of Bluescape Resources as its Executive Chairman.
- [F6]Each reporting person, with the exception of Bluescape Riley Holdings, states that neither the filing of this statement nor anything herein shall be deemed an admission that it is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of these securities. Each reporting person, including Bluescape Riley Holdings, disclaims beneficial ownership of these securities, except to the extent of such reporting person's pecuniary interest in such securities.